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NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024

The introduction of derivatives on the Nifty Next 50 index (NIFTYNXT50) will well complement the existing index derivatives product suite.

Vaishnavi Chauhan 0 287 Article rating: 5.0

The Nifty Next 50 index has a 71 per cent correlation and a Beta value of 0.95 with the Nifty 50 Index. It has a correlation of 90 per cent with Nifty Midcap 150 index in financial year 2024.

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