The National Stock Exchange will introduce derivatives contracts on the Nifty India FPI 150 Index from August 12, 2026. The move aims to expand equity derivatives offerings and provide investors with more options for hedging and diversification.
The National Stock Exchange (NSE) will launch derivatives contracts on the Nifty India FPI 150 Index from August 12, 2026, after receiving approval from the Securities and Exchange Board of India (SEBI).
The move will expand NSE’s equity derivatives product offerings and provide investors with an additional instrument for managing risks, hedging portfolios, and diversifying investments.
Under the new offering, NSE will introduce three serial monthly futures and options contracts linked to the index. These cash-settled contracts will expire on the last Tuesday of their respective expiry months, following the exchange’s existing index derivatives framework.
The Nifty India FPI 150 Index tracks the performance of the top 150 stocks selected from the broader Nifty 500 index. NSE said the index is designed to provide foreign investors with access to a liquid and investible segment of the Indian equity market.
“The Nifty India FPI 150 Index aims to track the performance of the top 150 stocks selected from the Nifty 500 that ensure accessibility and investibility for foreign investors”, NSE said.
The index constituents are selected based on six-month average foreign investible free-float market capitalisation. This methodology focuses on companies with higher liquidity and greater availability of shares for foreign investors.
As of June, financial services had the largest representation in the index with a 26.15 percent share. It was followed by oil, gas and consumable fuels at 10.03 percent and healthcare at 7.51 percent.
The Nifty India FPI 150 Index was launched on August 16, 2025, with October 3, 2022, as its base date and a base value of 1,000. The index is rebalanced every quarter using a foreign investible free-float methodology to maintain its representation of eligible companies.
NSE currently offers derivatives contracts on several major indices, including the Nifty 50, Nifty Bank, Nifty Financial Services, Nifty Next 50, and Nifty Midcap Select. Among these, only the Nifty 50 currently has weekly derivatives contracts following SEBI’s revised guidelines.
By introducing derivatives on the Nifty India FPI 150 Index, NSE aims to provide a broader investment tool that reflects the performance of companies accessible to foreign investors while strengthening India’s equity derivatives ecosystem.
The new contracts are expected to offer market participants more flexibility in managing portfolios and gaining exposure to a wider section of India’s listed companies.