The new offering will include futures and options contracts, settling in cash on the last Friday of their expiry month. The Nifty Next 50 index tracks the performance of the next 50 largest companies in the Nifty 100 after excluding those in the Nifty 50. This provides investors with exposure to a segment representing around 18% of the total market capitalisation of NSE-listed stocks. As of March 2024, the index has a strong showing from the financial services sector (23.76% weight), followed by capital goods (11.91%) and consumer services (11.57%). Read The Rest at :
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