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the NSC is introducing new Futures and options contracts based on the Nifty next50 Index this is exciting news for Traders looking to gain exposure into the midcap focused index Nifty next50 tracks the performance of 50 largest companies in India excluding those already included in the nifty50 index these companies are potential contenders for future inclusion into the nifty50 representing the next generation of large cap stocks trading in the new fno contracts will comence on 24th of April this year the exchange will initially offer three serial monthly contracts expiring in May June and July this year the expiry of the contracts will be on the last Friday of the month if the last Friday is a holiday then the previous day will be the expiry day options contracts will include obviously calls and puts the launch of the fno contracts and Nifty next50 index provides Traders with a new Avenue to participate in the growth potential of midcap companies in India with a lot size of 10 these co