BSE on Thursday said it has received approval from market regulator Securities and Exchange Board of India to launch derivative contracts on the “BSE Focused IT Index”. The index measures the performance of the 14 companies belonging to the ‘Information Technology’ sector. Details regarding the launch and contract specifications will be notified, the exchange said.
The BSE received regulatory approval to nod to launch index derivatives on the BSE Sensex Next 30 in March and BSE Focused Midcap Index in February. Following the approval, BSE’s derivatives basket will expand to to five.
The BSE received regulatory approval to launch index derivatives on the BSE Sensex Next 30 in March and the BSE Focused Midcap Index in February. Following the approval, BSE’s derivatives basket will expand to five.