Mumbai, July 16 -- The National Stock Exchange (NSE) has received approval from the Securities and Exchange Board of India (SEBI) to launch derivatives contracts on the Nifty India FPI 150 Index (NIFTYFPI) from 12 August 2026, expanding its equity derivatives product suite.

The exchange said it will introduce three serial monthly index futures and index options contracts in the equity derivatives segment. The cash-settled contracts will expire on the last Tuesday of the expiry month.

The Nifty India FPI 150 Index tracks the performance of the top 150 stocks selected from the Nifty 500 universe based on their six-month average foreign investible free-float market capitalisation. The index is designed to represent liquid, high free-float ...