BSE launches futures on S&P BSE SENSEX 50 index
Wednesday, March 15, 2017, 9:55 AM
BSE launched futures on S&P BSE Sensex 50 index which will help investors to achieve portfolio diversification. The index is designed to measure the performance of the top 50 largest and liquid stocks in the exchange's Large Mid Cap by float-adjusted market capitalisation. Further, index futures contracts will lead to better price discovery and will be useful in hedging and risk management tools.