NSE to launch derivatives on Nifty financial services index from Jan 11 ...Middle East

Opinion by : (Devdiscourse) -
National Stock Exchange (NSE) of India has got approval from the Securities Exchange Board of India (SEBI) to launch derivatives on Nifty financial services index in the futures and options segment. Currently, NSE offers index derivatives on only two equity indices -- Nifty 50 Index and Nifty bank index. The financial services sector assumes significance as the sector accounts for 33.5 per cent of the Nifty 50 index.

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