Indices
SEBI Approves BSE to Launch Derivatives on Focused IT Index Tracking 14 Major IT Firms
This Lumic Insights piece delves into SEBI's recent approval for the Bombay Stock Exchange (BSE) to introduce derivatives on a focused IT index. This index tracks 14 prominent Indian IT companies, offering a new avenue for market participants. The development comes as the focused IT index saw a notable 24% fall in Q1 2026, underscoring the current volatility in the IT sector. The introduction of derivatives on this index, which includes major players like Infosys, TCS, and Wipro, provides investors and traders with new tools for hedging and managing their exposure to India's technology stocks. This move is significant for the Indian stock market, especially for those looking to navigate the dynamics of the booming IT sector through structured financial products.
More in Indices
Nifty
Nifty 50 Today: Adani Ent Leads Gains While HDFC Life Falls (25th Aug '26)
- Adani Enterprises led the Nifty 50 gainers with a 3.72% le, followed by Max Health at 2.5%
- Apollo Hospitals gained 2.15%, while IndiGo and Adani Ports rose 2.01% and 1.83%
- HDFC Life was the biggest laggard, falling upto 1.13%, followed by Cipla and ONGC
Indices
Only 7 Original Sensex Companies Have Survived 40 Years of Change
- Only seven of the original Sensex companies remain in the index after four decades
- A total of 93 companies have entered the Sensex since 1985, but 63 have since dropped out
- Manufacturing made up 96% of the Sensex in 1991, but now accounts for less than half