NSE to launch derivatives on Nifty Next 50 index from April 24

On April 18, 2024, the National Stock Exchange of India (NSE), in a circular shared on its official website, announced that the exchange will launch futures and options contracts (F&O) on the Nifty Next 50 index from April 24. The NSE Nifty Next 50 index, which was introduced on January 1, 1997, represents 50 companies from the Nifty 100 after excluding the members of the headline Nifty 50 index. The expiry day is set for the last Friday of the expiry month, and if the last Friday is a trading holiday, then the expiry day is the previous trading day.