NCDEX Launches NDEX, FINNDEX Indices Ahead Of Equity Market Entry
NCDEX has launched NDEX and FINNDEX, two equity indices, as it prepares to expand beyond agricultural commodities into stock trading and derivatives. NDEX tracks 20 major Indian stocks, while FINNDEX covers 15 financial companies. The exchange expects regulatory approval for its equity segment in January, with derivatives planned subsequently
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