New Delhi, February 11
Leading stock exchange NSE Monday launched weekly options on the Nifty 50 Index, which will provide market participants an additional hedging tool to manage portfolio risk more effectively.
The Nifty 50 Index options are already available for three monthly option contracts, three quarterly and eight semi-annual option contracts, National Stock Exchange (NSE) said in a release.
“Nifty 50 Index options are based on our flagship index the Nifty 50 and is one of our key products. The Nifty 50 Index derivatives are traded by domestic as well as international participants,” NSE MD and CEO Vikram Limaye said.
NSE has also received permission from SEBI to launch weekly options on Nifty IT Index, the exchange said. — PTI
Most Read In 24 Hours
Don't Miss
View All
Top News
Public at large thinks criminal trials are ‘neither free nor fair’, laments Supreme Court
Highlighting the poor performance of public prosecutors, a B...
Blue corner notice issued against Prajwal Revanna, says Karnataka Home Minister Parameshwara
Says the Special Investigation Team formed to probe the sex ...
Nijjar killing: Residents of accused Kamalpreet’s native village in Jalandhar say he migrated to Canada on student visa
Relatives express shock on the news of Kamalpreet's arrest, ...
CISCE to announce Classes 10, 12 results on Monday; know where to check your result
Board to discontinue compartment exams
Chhattisgarh Congress leader Radhika Khera resigns from party, cites opposition to Ram temple visit
Khera and Chhattisgarh Congress' communication wing chairper...
