Upcoming F&O Expiry (Nov 26) for Index, Commodities & Stocks
Key takeaways:
- In November 2026, NSE and BSE index derivatives will each have four weekly expiries.
- Because both weekday stock market holidays in November 2026 fall on Tuesdays, two out of the four NSE expiry dates, including the monthly expiry, will be advanced to Mondays.
- Due to the Diwali-Balipratipada holiday on Tuesday, November 10, 2026, the NSE weekly expiry for that week will be advanced to Monday, November 9, 2026.
- Due to the Prakash Gurpurb Sri Guru Nanak Dev (Guru Nanak Jayanti) holiday on Tuesday, November 24, 2026, the NSE monthly expiry for index and stock F&O will be advanced to Monday, November 23, 2026.
- The BSE index and stock F&O monthly expiry will take place as scheduled on Thursday, November 26, 2026.
- A Muhurat trading session is scheduled on Sunday, November 8, 2026, on account of Diwali Laxmi Pujan.
- MCX commodity contracts have varying expiry dates based on the commodity and contract type.
As the October 2026 expiry cycle comes to a close, November brings a change in the number of weekly expiries across NSE and BSE. October had four weekly NSE expiry dates and five weekly BSE expiry dates, whereas November has four weekly expiry dates on each exchange. However, two of the Tuesdays in the NSE cycle are trading holidays: Diwali-Balipratipada on November 10 and Prakash Gurpurb Sri Guru Nanak Dev on November 24, 2026.
Since an expiry falling on a trading holiday is advanced to the previous trading day, the NIFTY 50 weekly expiries move to Monday, November 9 and Monday, November 23, with the latter also serving as the NSE monthly expiry date. Here is the complete expiry guide for November 2026.
What is an F&O expiry date and why does it matter?
Once the market closes on the expiry date, the contract ceases to exist and is settled in accordance with the exchange's settlement rules.
While index futures and options on NSE and BSE are cash-settled, single-stock derivatives on Indian equity exchanges and several bullion and base metal contracts on MCX are physically settled if held until expiry (or into the tender period). Before a derivative contract reaches its expiry date, traders have three primary choices:
- Square off: Traders can close the position before the expiry day and book the resulting profit or loss.
- Roll over: Traders can close the current contract and simultaneously take a similar position in the next month's contract cycle to maintain exposure.
- Let it expire: Traders can hold the contract until expiry, and the contract is then settled according to the contract type and the exchange's rules.
Trading volumes and intraday volatility often spike on or ahead of expiry days as institutional and retail participants unwind, adjust, or roll over their positions, particularly near At-the-Money (ATM) strikes with high Open Interest concentration. Thus, by tracking the expiry calendar ahead of time, traders can prepare for these dynamics instead of reacting to them.
Holiday impact on the expiry schedule
November 2026 has two weekday trading holidays on NSE and BSE, and both fall on Tuesdays. This month also has a special Muhurat trading session on a Sunday. As per the trading holiday calendar for 2026, these dates are as follows:
Index expiries in November 2026 for NSE & BSE
The complete NSE and BSE index derivatives expiry schedule for November 2026 is detailed below.
NSE Index expiries in November 2026
NSE weekly index derivatives expire on Tuesdays. November 2026 has four Tuesdays, giving NSE traders four weekly index expiries on November 3, 9 (Monday), 17 and 23 (Monday). The monthly NSE index contracts have a new addition of Nifty India FPI 150 (NIFTYFPI) futures and options, which were introduced on August 12, 2026 and expire on the last Tuesday of each month. The NSE and BSE index derivatives expiry schedule for November 2026 is detailed below.
BSE Index expiries in November 2026
BSE index derivatives expire every Thursday. November 2026 has four Thursdays with no trading holidays falling on Thursday; thus, the weekly SENSEX contracts are scheduled to expire on November 5, 12, 19, and 26. The monthly expiry for all BSE indices falls on Thursday, November 26, 2026, which is the last Thursday of the month.
Stock F&O expiries in November 2026
Stock futures and options on both NSE and BSE follow their respective monthly expiry schedules, i.e., the last Tuesday of the month for NSE and the last Thursday of the month for BSE. Since the last Tuesday of November 2026 (November 24) is a trading holiday, the NSE stock F&O expiry is advanced to the previous trading day, Monday, November 23. Below are the stock F&O expiry dates for November 2026.
MCX commodity expiries in November 2026
Commodity futures and options contracts on the Multi Commodity Exchange of India (MCX) follow distinct expiry schedules depending on the underlying bullion, energy, base metal, or index contract. MCX commodity options are options on futures, which implies that they expire a few sessions before their underlying futures contract and devolve into futures positions if they finish in the money.
The table below lists the major MCX commodity futures and options contracts expiring in November 2026:
Wrap up
In November 2026, NSE and BSE will each have four weekly expiry dates. The Diwali-Balipratipada holiday on Tuesday, November 10 advances the NSE weekly expiry to Monday, November 9, and the Prakash Gurpurb Sri Guru Nanak Dev holiday on Tuesday, November 24 advances the NSE weekly and monthly expiry to Monday, November 23, 2026. The final week of November is the busiest stretch of the expiry calendar.
Since exchanges can revise expiry dates or trading schedules through fresh circulars, traders should keep checking the latest NSE, BSE and MCX notifications before planning positions. Keeping track of the expiry calendar in advance also helps market participants in planning rollovers and exits well before the final trading day.
