Business

NSE launches buying and selling in weekly choices on Nifty 50 Index – Moneycontrol.com

NSE launches buying and selling in weekly choices on Nifty 50 Index – Moneycontrol.com

Final Up to date : Feb 11, 2019 08:27 PM IST | Supply: PTI

The Nifty 50 Index choices are already obtainable for 3 month-to-month possibility contracts, three quarterly and eight semi-annual possibility contracts, Nationwide Inventory Trade (NSE) mentioned in a launch.

Main inventory alternate NSE Monday launched weekly choices on the Nifty 50 Index, which is able to present market members a further hedging software to handle portfolio danger extra successfully.

The Nifty 50 Index choices are already obtainable for 3 month-to-month possibility contracts, three quarterly and eight semi-annual possibility contracts, Nationwide Inventory Trade (NSE) mentioned in a launch.

“Nifty 50 Index choices are based mostly on our flagship index the Nifty 50 and is one in all our key merchandise. The Nifty 50 Index derivatives are traded by home in addition to worldwide members,” NSE MD and CEO Vikram Limaye mentioned.

NSE has additionally acquired permission from Securities and Trade Board of India (Sebi) to launch weekly choices on Nifty IT Index, the alternate mentioned. The contract particulars and launch date might be introduced shortly.

First Printed on Feb 11, 2019 08:20 pm

Share: