National Stock Exchange (NSE) today said it will launch futures and options (F&O) on two sectoral indices--CNX PSE and CNX Infra-- from next week. The trading in CNX Public Sector Enterprises (PSE)and CNX Infra futures and options would commence on the exchange from November 25. The move would give investors an opportunity to invest in derivative products based on stocks of infra companies, a sector on which a lot of emphasis is being given by the government as well. "NSE has decided to launch futures and options on two important sectoral indices ....CNX PSE and CNX Infra from the November 25," it said in a circular. The decision has been taken after approval from market regulator SEBI to launch derivatives on these indices. The other two sectoral indices on which futures and options contracts are available currently include CNX IT and Bank Nifty.
Source : Economic Times
No comments:
Post a Comment