Question
What recent (April 2024) announcement did the National
Stock Exchange (NSE) make regarding derivatives contracts?Solution
The National Stock Exchange (NSE) announced that it will launch derivatives contracts for the Nifty Next 50 index starting April 24. These cash-settled derivatives contracts, approved by the Securities and Exchange Board of India (Sebi), will expire on the last Friday of the expiry month.
The "STREE" initiative under the Ministry of Rural Development aims to:
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