Midcap Nifty futures on Zerodha

Sun, 21 Jun 2026 00:00:00 +0000

Midcap Nifty futures are futures contracts on the Nifty Midcap Select index, listed on the National Stock Exchange (NSE) and traded in India through brokers including Zerodha . The underlying is a focused index of 25 liquid midcap stocks, maintained by NSE Indices Limited and drawn from the broader Nifty Midcap 150. One contract is a lot of 120 units from the January 2026 cycle, settles in cash against the index close, and expires on the last Tuesday of its month under the schedule SEBI set from September 2025.

Nifty Midcap (Midcap Select) trading restrictions on Kite

Sun, 21 Jun 2026 00:00:00 +0000

Nifty Midcap Select trading on Kite carries three restrictions: its weekly options were discontinued from 20 November 2024 under SEBI’s rationalisation of index derivatives, leaving only monthly contracts; option buyers get no leverage because SEBI requires the full premium upfront, which Zerodha has always collected; and intraday MIS leverage on the futures is set within SEBI and exchange margin rules and is withdrawn on the settlement day. The underlying is the Nifty Midcap Select index of 25 liquid midcap stocks maintained by NSE Indices Limited.

Midcap Nifty on WebNotes

Midcap Nifty futures on Zerodha

Nifty Midcap (Midcap Select) trading restrictions on Kite