The Bombay Stock Exchange has obtained approval from the Securities and Exchange Board of India to introduce derivatives contracts based on the BSE Sensex Next 30 index. This new index will include cash-settled monthly index futures and monthly index options. It is designed to track the next largest and most liquid companies within the BSE 100 that are not part of the Sensex 30 index.
The contracts linked to the Sensex Next 30 index will expire on the last Thursday of the respective month. Although the official trading launch date has not been disclosed yet, the BSE currently offers futures and options contracts on the Sensex with weekly and monthly expiries. Additionally, the exchange provides derivatives contracts on Sensex 50 and BANKEX, both with monthly expiries.
BSE Index Services, a subsidiary of the exchange, recently unveiled two new government securities indices, namely the BSE 4-8 Year G-Sec Index and the BSE 8-13 Year G-Sec Index. These indices are intended to facilitate passive investment strategies like exchange-traded funds and index funds, serving as benchmarks for various investment products.
The BSE has also made adjustments to its equity derivatives segment by excluding Housing & Urban Development Corp., Piramal Pharma Ltd., Tata Technologies Ltd., and Torrent Power Ltd. from the derivatives segment. Trading members were informed that futures and options contracts for these stocks will cease trading from May 4, 2026, with no new expiry contracts introduced.
