New Delhi, July 24 -- The National Stock Exchange (NSE) will launch trading in India's first exchange-traded energy derivative linked to a domestic benchmark on July 27, with the introduction of Indian Natural Gas Futures.

The cash-settled contract is aimed at enabling transparent, India-centric price discovery for the domestic natural gas market.

In a post on X, NSE said, "India's first exchange to introduce Energy Derivatives referenced to a domestic benchmark. A new milestone in India's commodity derivatives market."

According to an earlier NSE circular, the exchange has received approval from the Securities and Exchange Board of India (SEBI) to launch the contracts in its commodity derivatives segment. Trading will begin on July 27...