NSE has announced the introduction of trading in Quarterly Options contracts on the Nifty Bank Index. To encourage active participation they've decided to waive off transaction charges on the trades done in Quarterly Options contracts on the Nifty Bank Index in the Future & Options segment of the Exchange from October 30, 2020, till March 31, 2021. Circular Ref. No: 12/2020
It'll mostly lead to the further consolidation of options trading volumes on Bank Nifty. Other indices are on the backburner?