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BSE receives SEBI approval to launch derivatives on BSE Focused IT Index

BSE receives SEBI approval to launch derivatives on BSE Focused IT Index

Business Upturn 1 week ago

BSE Limited has received approval from the Securities and Exchange Board of India (SEBI) to introduce derivative contracts on the "BSE Focused IT Index," the company informed exchanges on April 9, 2026.

The BSE Focused IT Index is a sectoral index designed to track the performance of 14 companies from the information technology space. The move is expected to deepen the derivatives segment by offering market participants additional instruments to hedge and trade IT sector exposure.

According to the exchange filing, detailed specifications regarding the launch and structure of these derivative contracts will be communicated separately through exchange circulars.

The introduction of derivatives on the focused IT index aligns with BSE's efforts to expand its product offerings in the derivatives market and cater to evolving investor demand for sector-specific instruments.

The company stated that the disclosure is also available on its official website for investors and stakeholders.

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