NSE to launch FPI 150 derivatives from Aug 12

New Delhi:  The National Stock Exchange (NSE) on Thursday said it plans to launch derivatives contracts on the Nifty India FPI 150 Index from August 12 after receiving approval from capital markets regulator Sebi.

In a statement, the exchange said it will introduce futures and options contracts on the index in the equity derivatives segment.

Initially, the NSE will offer three serial monthly index futures and index options contract cycles. The cash-settled contracts will expire on the last Tuesday of the expiry month.

The Nifty India FPI 150 Index tracks the performance of the top 150 stocks selected from the Nifty 500 based on six-month average foreign investible free-float market capitalisation. The index is designed to ensure accessibility and investability for foreign investors.

The weight of each constituent is determined by its foreign investible free-float market capitalisation.

As of June 2026, the financial services sector had the highest weight in the index at 26.15 per cent, followed by oil, gas and consumable fuels at 10.03 per cent and healthcare at 7.51 per cent.

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

NSE Chief Business Development Officer Sriram Krishnan said the launch of derivatives on the Nifty India FPI 150 Index will complement the exchange’s existing index derivatives product suite.

“The Nifty India FPI 150 Index represents a broad and diversified segment of the Indian equity market, comprising 150 liquid stocks across multiple segments while maintaining a focus on liquidity and investibility, making it a suitable underlying for hedging and portfolio diversification,” he said.