BSE gets Sebi nod to launch ‘Focused Midcap Index’ futures and options contracts

BSE has received approval from capital markets regulator Sebi to launch derivative contracts on the “BSE Focused Midcap Index,” expanding its index derivatives basket at a time when exchanges have moved to a single weekly expiry structure. The new index measures the performance of the top 20 mid-cap companies selected based on free-float market capitalisation. […]