Today's Top Gainer
Note:Top Gainer - Nifty 50 More
Exchange is pleased to inform that subsequent to approval received from SEBI, Futures and Options contracts on CNX PSE Index and CNX Infrastructure Index shall be made available for trading in the F&O segment with effect from November 25, 2011.
Provides you an opportunity to invest, in Navratna Companies – most successful Public Sector Enterprises (PSE) of India – through derivatives trading launched on CNX PSE index from 25th November 2011 on NSE platform. This index comprises 20 PSEs a combination of all 16 Navratna PSEs and 4 Miniratna PSEs of India. This status gives them a greater autonomy to compete in the global market and they are market leaders and frontrunners. The components of this index have over 51% of their outstanding share capital held by the Central Government and/or State Government, directly or indirectly.
In Indian growth story, Infrastructure Development plays a lead role. Government outlay for infrastructure has increased significantly over the years. Clearly, infrastructure has been a focus area. Over the years, not only have the outlays for budgetary expenditure towards the infrastructure sector been increasing, but private investment is also being encouraged. Earlier, the emphasis was on bringing in more and more projects, now the emphasis also includes encouraging financial products suited for infrastructure. Hence, here we present you a great opportunity to express your views on the key sector of Indian Economy – The Infrastructure – at a go. You will be able to trade the derivatives on CNX INFRA from November 25, 2011 on NSE platform. This index includes companies belonging to Telecom, Power, Port, Air, Roads, Railways, Shipping and other Utility Services providers. It tracks the 25 well known infrastructure stocks, around half of them among the top 50 stocks in the Indian Securities market.
|CNX PSE||CNX INFRA|
|Underlying Index||CNX PSE INDEX||CNX INFRASTRUCTURE INDEX|
|Security Descriptor||FUTIDX CNXINFRA OPTIDX CNXINFRA||FUTIDX CNXINFRA OPTIDX CNXINFRA|
|Tick Size||Re. 0.05||Re. 0.05|
|Contract Months||Maximum of three months – the near month, the next month and the far month||Maximum of three months – the near month, the next month and the far month|
|CNX PSE Index – Futures||CNX PSE Index – Options|
|CNX INFRASTRUCTURE Index – Futures||CNX INFRASTRUCTURE Index – Options|
India Infoline News Service / 09:29, Aug 19, 2019
The Nifty Pharma index soared 1.7% led by Sun Pharma, Dr Reddy’s, Cipla and Lupin.