NSE to launch Nifty Next 50 F&O

The National Stock Exchange of India (NSE) on Thursday announced the launch of futures and options contracts (F&O) on Nifty Next 50 index. The move is likely part of a series of steps being taken by the India’s largest stock exchange to regain some of the market share it lost to rival BSE over the last year.

NSE will launch monthly F&O contracts on the junior Nifty 50 index from April 24, and these contracts will expire on the last Friday of every month, the exchange said in a circular.

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Persistent Systems, Alkem Labs and Eicher Motors among 190 stocks that hit 52-week high; 11 touch 52-week low

The benchmark equity indices are trading in positive territory on Wednesday. The NSE Nifty 50 is trading at 19,660.15, up 216.60 points or 1.11%, while the BSE Sensex is trading at 65,617.63 up 683.76 points. Midcap stocks are leading the gains among the broader indices. The Bank Nifty index is trading up 336.20 points or 0.77% at 44,227.45. The other sectoral indices are also trading in green with the gains led by Realty and IT stocks. 

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ULTRACEMCO, Solar Industries India, Persistent Systems, Bayer Cropscience, Bajaj Auto, Alkem Laboratories, Eicher Motors, Vesuvius India, Angel One, KDDL, Multi Commodity Exchange …