Mumbai, July 16 -- The National Stock Exchange (NSE) officially announced here on Thursday that it has received approval from the Securities and Exchange Board of India (SEBI) to introduce derivatives on the Nifty India FPI 150 Index, expanding its equity derivatives product suite, which would offer foreign portfolio investors (FPIs) another benchmark-linked hedging instrument.
The derivatives contracts will be launched on August 12, 2026, according to an NSE statement.
Commenting on the development, Sriram Krishnan, Chief Business Development Officer, NSE, said the introduction of derivatives on the Nifty India FPI 150 Index would complement the exchange's existing range of index derivative products.
"The introduction of derivatives on ...