F&O watch: BSE gets Sebi nod to launch BSE Focused IT Index derivatives

Market regulator Securities and Exchange Board of India (Sebi) has given approval to BSE to launch derivative contracts on the 'BSE Focused IT Index'. BSE said in a regulatory filing on Thursday that details regarding the launch and contract specifications will be notified via separate exchange circulars.The BSE Focused IT is a sector index that measures the performance of the 14 companies belonging to the Information Technology sector that are also BSE 500 firms.The index constituents are Cofor...

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