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BSE to launch F&O on BSE Sensex 50 index from 14 March

LiveMint logoLiveMint 02-03-2017 PTI

Mumbai: BSE will launch equity derivatives products—futures and options—on S&P BSE Sensex 50 index from 14 March. S&P BSE Sensex 50 tracks the performance of the 50 largest and liquid stocks listed on BSE.

The index constituents are selected from ‘S&P BSE Large Midcap Index’ and are weighted based on their float-adjusted market capitalisation.

“The exchange is pleased to inform all trading members that exchange shall introduce futures and options contracts on S&P BSE Sensex 50 index in equity derivatives segment with effect from March 14, 2017,” BSE said in a circular on Thursday.

The index represents more than half of the total market capitalisation of BSE-listed companies.

Of the total market capitalisation of constituents of S&P BSE Sensex 50 index, finance sector represents the largest share at 32.57% followed by information technology (13.42%), transport equipments (11.16%), oil and gas (10.62%), FMCG (10.02%), healthcare (5.83%capital goods (3.55%).

Housing related (2.68%), power (2.46%), metal, metal Products & mining (2.21%), telecom (1.89%), chemical & petrochemical (1.40%), media & publishing (0.84%), transport services (0.81%) and consumer durables (0.55%), are the other sectors represented on the index.

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