Mumbai/IBNS, April 24 -- National Stock Exchange of India Ltd (NSE) on Wednesday launched futures and options contracts on the Nifty Next 50 Index.

NSE is the worlds largest derivatives exchange for the fifth consecutive year in a row in the year 2023 based on contracts traded as published by FIA.

The new derivatives contract has received a positive response from market participants, NSE said.

More than 375 trading members from across the country participated in the index derivatives.

The trading members involved in the execution of the initial trade include East India Securities Limited and Samco Securities Limited.

The first day witnessed 1,223 contracts traded worth Rs. 78.16 crores in Futures and 1,724 contracts worth Rs 1.55 cro...