InvestorQ : When will NSE introduce F&O’s on its index?
Ayushi Kampani made post

When will NSE introduce F&O’s on its index?

Manish Mehta answered.
2 years ago

The National Stock Exchange (NSE) will launch a derivatives contract on the Nifty Financial Services Index from January 11, 2021. NSE has already received approval from markets regulator Securities and Exchange Board of India (Sebi) to launch derivatives on the index.

The Nifty Financial Services Index consists of 20 stocks and is designed to reflect the behavior and performance of the Indian financial market, which includes banks, financial institutions, housing finance companies, insurance companies, and other financial services companies, the exchange said. The Nifty Financial Services index has delivered annualized returns of 15% in the past five years.