NSE To Commence Nifty India FPI 150 Index Derivatives Trading From August 12

The National Stock Exchange (NSE) will commence derivatives on the Nifty India FPI 150 Index from August 12, 2026, after obtaining SEBI approval. The new contracts will expand the exchange’s equity derivatives offering and provide an additional instrument for hedging and portfolio diversification.

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Three Monthly Futures And Options Contracts

The NSE will introduce three serial monthly futures and options contracts on the index. The contracts will be cash-settled and expire on the last Tuesday of the respective expiry month.

The Nifty India FPI 150 Index tracks 150 stocks selected from the Nifty 500 based on foreign investible free-float market capitalisation. The methodology is designed to focus on companies with higher liquidity and stock availability for foreign investors.

The launch will add another underlying asset to the NSE’s derivatives segment, which already includes contracts linked to indices such as the Nifty 50, Nifty Bank, Nifty Financial Services, Nifty Next 50 and Nifty Midcap Select.

Financial Services Has Largest Index Weight

As of June, financial services accounted for the largest sectoral allocation in the Nifty India FPI 150 Index at 26.15%. Oil, gas and consumable fuels had a 10.03% weight, while healthcare accounted for 7.51%.

The index was launched on August 16, 2025, with October 3, 2022, as its base date and a base value of 1,000. It is rebalanced every quarter using a foreign investible free-float methodology.

The composition of the index provides exposure to a broad basket of Indian equities, while the upcoming contracts will allow market participants to take positions or manage exposure through futures and options. The launch is expected to add to the range of instruments available for managing portfolios linked to the Indian stock market.

NSE Highlights Index’s Foreign Investor Focus

The NSE said the index is designed to represent the performance of the top 150 eligible stocks from the Nifty 500 while maintaining accessibility and investibility for foreign investors.

Sriram Krishnan, Chief Business Development Officer at NSE, said the index covers a diversified segment of the Indian equity market through 150 liquid stocks across sectors, with its methodology retaining a focus on liquidity and investibility.

With the launch scheduled for August 12, the Nifty India FPI 150 Index will become another benchmark available for exchange-traded derivatives. The introduction comes as the NSE continues to expand its index-based product suite beyond its existing futures and options contracts.