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NSE set to launch derivative contracts on Nifty Next 50 from Wednesday

National Stock Exchange (NSE) is set to introduce derivative contracts on Nifty Next 50 index from Wednesday. This came following an approval received from markets regulator Securities and Exchange Board of India (Sebi). The Nifty Next 50 index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies. Under the derivative contract, the exchange would offer three serial monthly index futures and index options contract cycles. The cash-settled derivatives contracts would expire on the last Friday of the expiry month. The introduction of derivatives on the Nifty Next 50 index would complement the existing index derivatives product suite. The Nifty Next 50 index would represent the space between the Nifty 50 index comprising the top large & liquid stocks and the Nifty Midcap Select index comprising the top large & liquid mid-capitalised stocks, Sriram Krishnan, Chief Business Development Officer at NSE, stated last week. As of March 2024, the Nifty Next 50 ...

Stock Market Highlights, April 22: Sensex sprints 560 pts, Nifty tops 22,300 in broad relief rally

Stock market highlights on April 22: Among sectors, the Nifty PSU Bank index rallied 3.3 per cent, the Nifty Realty 1.12 per cent, and the Nifty Pharma index 1.5 per cent

NSE IX gets SEC class relief; permits US clients to trade on equity index

NSE International Exchange (NSE IX) has received US Securities Exchange Commission (SEC) class relief, allowing US clients to participate in trading Equity Index Option Contracts on the bourse, according to a statement. The class relief allows NSE IX members to get acquainted with equity indices at NSE IX through activities with approved broker-dealers and financial institutions in the US. Also, this class relief permits eligible broker-dealers and large financial institutions based in the US to trade on these index derivatives options contracts through NSE IX members, subject to compliance with the applicable laws, the bourse said in the statement on Friday. NSE IX is an International multi-assets exchange set up at GIFT City in June 2017 and recognised by the International Financial Services Centre Authority (IFSCA). Earlier in November 2020, it became the first International Exchange in Gift City to get an exemption under part 30 by the Commodity Futures Trading Commission ...

NSE to launch derivatives on Nifty Next 50 Index starting April 24

The cash-settled derivatives contracts will expire on last Friday of expiry month

NSE to launch derivatives on Nifty Next 50 index from Apr 24, gets Sebi nod

The National Stock Exchange (NSE) on Thursday said it will introduce derivative contracts on Nifty Next 50 index from April 24. The Nifty Next 50 index represents 50 companies from Nifty 100 after excluding the Nifty 50 companies. In a statement, NSE said it "has received approval for derivatives on Nifty Next 50 index from the Securities and Exchange Board of India (Sebi) and will launch these contracts from April 24, 2024". The exchange will offer three serial monthly index futures and index options contract cycles. The cash-settled derivatives contracts will expire on the last Friday of the expiry month. "The introduction of derivatives on the Nifty Next 50 index will complement the existing index derivatives product suite. The Nifty Next 50 index will represent the space between the Nifty 50 index comprising the top large & liquid stocks and the Nifty Midcap Select index comprising the top large & liquid mid-capitalised stocks," Sriram Krishnan, Chief Business Development .

NSE to stop issuance of new futures and options contracts for ZEE

On April 16, the NSE said contracts for new expiry months for Zee Entertainment will not be issued once the existing contract months expire

Stock market to remain closed today: BSE, NSE to remain shut on Ram Navami

The Multi Commodity Exchange of India Limited (MCX) and Commodity Derivative Segment will be closed in the morning but open in the evening

Zee removed from F&O; FPIs up holdings in 7 Adani group companies

Adani Ports & SEZ has seen the highest increase at 26 basis points (bps) to 14.98 per cent followed by Adani Wilmar and Adani Green at 12 bps each

BSE, NSE declare May 20 as trading holiday on account of polling in Mumbai

India will elect a new parliament in seven phases between April 19 and June 1. Votes will be counted on June 4

NSE to introduce 4 new indices in capital market and F&O segment from today

The four new indices are Nifty Tata Group 25 per cent Cap, Nifty 500 Multicap India Manufacturing 50:30:20, Nifty 500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare

NSE awaiting Sebi's green signal to begin IPO process, says MD Chauhan

The National Stock Exchange (NSE) is awaiting approval from the capital markets regulator Sebi to kickstart the much-awaited Initial Public Offering (IPO) process, its MD and CEO Ashishkumar Chauhan said. Additionally, he said that retail investors should avoid trading in the high-risk-derivatives and, only informed investors should get into such markets. According to a Sebi study in the past, nine of the 10 traders lose money in derivatives trades. When asked about NSE's IPO plans, Chauhan on Thursday said," We will submit a revised Draft Red Herring Prospectus (DRHP) as and when we get approval from Sebi". The rival of NSE, BSE ( formerly Bombay Stock Exchange), launched its IPO in 2017 and is currently listed on the NSE. Notably, Chauhan was the CEO of BSE during its listing. The NSE's listing plans were on the back-burner following a probe by Sebi against the exchange and some of its former executives over the alleged governance lapses. It was alleged that the exchange misus

NSE awaits Sebi's green signal to kickstart IPO process: CEO Chauhan

The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said on Thursday. The NSE's listing plans have been on the backburner amid a Sebi probe against the exchange and some of its top officials. It was alleged that the exchange misused its co-location facility and gave preferential access to certain trading members. "We will submit a revised Draft Red Herring Prospectus (DRHP) as and when we get an approval from Sebi," Chauhan said here. Its rival BSE (formerly Bombay Stock Exchange) launched its initial public offering (IPO) in 2017 and is currently listed on both exchanges. Notably, Chauhan was the CEO of BSE during its listing. Earlier in December 2016, NSE had filed draft papers with Sebi for its IPO. The initial share sale was expected to garner Rs 10,000 crore. The existing shareholders were looking to offload 22 per cent of shares to the public through th

NSE halves lot size for trading derivatives contracts for Nifty50 index

The lot size in the derivatives segment refers to the fixed number of shares in a unit or group for which contracts are traded

SBI to L&T: NSE revises F&O lot size of derivative contracts for 54 stocks

Exchange has cut the lot size for the futures and options contracts of 42 stocks to half of the current lot sizes. The revised lot sizes will be effective from 26 April for expiries in May or later

Stock markets closed for trading today on account of Good Friday

The holiday-shortened week witnessed only three days of trading as the equity markets were also closed on Monday, March 25, on account of Holi

BSE announces 25 stocks eligible for T+0 settlement cycle from Thursday

Among stocks eligible for the T+0 settlement cycle are Ambuja Cements, Ashok Leyland, Bank of Baroda, Cipla,

US Fed decision powers 540-pt rally in Sensex; broader indices jump over 2%

Stock market highlights on March 21: In the broader markets, the rebound was steeper with the BSE MidCap and SmallCap indices closing 2.3 per cent and 2 per cent higher, respectively

NSE's social exchange listings swell to 5; FM Sitharaman hails fundraise

The market regulator last year reduced the minimum application size from Rs 2 lakh to Rs 10,000 and cut the minimum issue size from Rs 1 crore to Rs 50 lakh

Investors become richer by Rs 7.81 trillion as stock markets rebound

With equities staging a smart comeback a day after registering a steep fall, investors' wealth jumped by Rs 7.81 lakh crore on Thursday. The 30-share BSE Sensex climbed 335.39 points or 0.46 per cent to settle at 73,097.28. During the day, it jumped 602.41 points or 0.82 per cent to 73,364.30. The market capitalisation of BSE-listed companies went up by Rs 7,81,631.24 crore to Rs 3,79,98,233.91 crore (USD 4.59 trillion). The BSE benchmark index tanked 906.07 points, or 1.23 per cent, to settle at 72,761.89 on Wednesday. The Nifty plummeted 338 points, or 1.51 per cent, to 21,997.70. "Short-covering provided the much-needed fillip after Wednesday's crash, as key indices rose sharply after early weakness but quickly rebounded thereafter. Sharp gains in the US Dow Futures indicating a positive start also buoyed the local market sentiment. Recovery in mid and smallcap stocks shows that money is waiting on the sidelines to enter the market post healthy correction," Prashanth Tapse, Seni

NSE reduces transaction charges by 1%; to exit from non-core businesses

This reduction transaction charges for cash equity and equity derivatives will begin on April 1, 2024, and is anticipated to impact the company's charges by Rs 130 crore