The dividend bonanza is adding pressure on the Chinese yuan already weighed by a resurgent dollar and the prospect of growing US-China tensions. The firms mostly pay dividends in Hong Kong dollars but earn the majority of their revenues in the yuan, which requires conversion.
Nifty Bank lot size increases to 35 with effect from July 31 for monthly expiries
NSE has revised lot sizes for derivative contracts on Bank Nifty (from 30 to 35) and Nifty Midcap Select (from 120 to 140), effective July