How to add Nifty and BankNifty options to the Kite marketwatch
The two most-traded option underlyings in India are Nifty 50 and BankNifty . This guide is specifically about adding individual strikes of these two underlyings to a Kite marketwatch. For the full universe of F&O contracts, see How to add F&O contracts to the marketwatch .
Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with Zerodha.
Step-by-step procedure
Five steps per the procedure infobox. The notes below cover weekly vs monthly differences and strike-spacing math.
Weekly vs monthly expiry
| Underlying | Weekly expiry day | Monthly expiry |
|---|---|---|
| Nifty 50 | Thursday | Last Thursday of the month |
| BankNifty | Currently Thursday (historical: Wednesday) | Last Thursday |
NSE has rescheduled some weekly expiries over time; the current schedule should always be cross-checked on nseindia.com before placing trades.
In the marketwatch search, weekly contracts carry the full expiry date (e.g., 22MAY24), while monthly contracts use the month abbreviation alone (e.g., 23MAY).
Strike spacing
- Nifty 50: Strikes are at 50-point intervals (e.g., 21950, 22000, 22050).
- BankNifty: Strikes are at 100-point intervals (e.g., 46900, 47000, 47100).
Around the at-the-money (ATM) strike, NSE makes available 50+ strikes in both directions; only a subset typically has liquidity. Stick to strikes within +/-5% of spot for liquid quotes.
Adding a useful chain to the watchlist
For a small chain view in the marketwatch, add 5 strikes spanning ATM:
- ATM strike, both CE and PE.
- ATM +/- 1 strike, both legs.
- ATM +/- 2 strikes, both legs.
This consumes 10 rows of watchlist capacity. For a 20-strike survey, use the option chain view instead; it renders the full chain without burning marketwatch slots.
See also
- How to add F&O contracts to the marketwatch
- How to add scrips to the Kite marketwatch
- How to use the marketwatch on Kite
- How to add indices to the Kite marketwatch
- Option chain view on Kite
- How to add MCX F&O to the marketwatch
- How to add BSE F&O contracts to the marketwatch
- Nifty 50
- BankNifty
- FinNifty
- MidcapNifty
- Futures and options
- NSE derivatives expiry calendar
- Derivative lot size on NSE
- How to activate the F&O segment on Zerodha
- Kite (Zerodha)
- Kite web
- Kite mobile app
- Zerodha
- SPAN and exposure margin on Kite
- Margin required on order window
- How to brand-search on the Kite marketwatch
- Kite Positions tab explained
- Market depth view on Kite
- Day’s change in absolute and percentage
External references
References
- NSE India, Index option contract specifications, Nifty 50 and BankNifty, nseindia.com.
- NSE India, Weekly and monthly expiry schedule, nseindia.com.
- Zerodha Support, Adding Nifty and BankNifty options to the marketwatch, support.zerodha.com.