NSE Indices Limited CEO Aniruddha Chatterjee highlighted the exchange’s shift towards derivatives-linked stocks and innovative methodologies, such as the Nifty India FPI 150 index. Chatterjee emphasized that incorporating derivatives into index construction has been a longstanding practice at the exchange, with a strategic emphasis on futures and options (F&O) segment stocks in sectoral indices.
Chatterjee mentioned a strategic overhaul announced last November, with changes implemented in December, impacting indices like the Nifty Bank. This transition, involving consultations with industry stakeholders and regulatory bodies, aimed at enhancing the index ecosystem. The recent launch of the Nifty India FPI 150 index, integrating a foreign investment factor for stock weight determination, signifies a step towards catering to foreign portfolio investors’ needs.
Discussing future plans, Chatterjee revealed intentions to introduce more innovative products, leveraging internal analysis and three decades of index creation experience. He reiterated the exchange’s commitment to developing indices aligned with evolving investor requirements, building on the success of the Nifty India FPI 150 index.
