The Securities and Exchange Board of India (SEBI) has given approval to the Bombay Stock Exchange’s India INX and the National Stock Exchange’s NSE IFSC to launch derivatives on an additional 33 and 52 Indian stocks, respectively, at Gujarat International Finance Tec-City (GIFT). India INX and NSE IFSC have been permitted to offer trading in a diversified range of products that spans various asset classes including Indian index derivatives, derivatives on Indian stocks, derivatives on foreign stocks, currency derivatives and certain commodity futures.
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The business law digest is compiled by Nishith Desai Associates (NDA). NDA is a research-based international law firm with offices in Mumbai, New Delhi, Bengaluru, Singapore, Silicon Valley and Munich. It specializes in strategic legal, regulatory and tax advice coupled with industry expertise in an integrated manner.