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The NSC is introducing new futures and options contracts based on the Nifty Next50 Index, exciting news for traders looking to gain exposure to midcap companies. The Nifty Next50 tracks the performance of the 50 largest companies in India, excluding those already in the Nifty50. These companies are potential contenders for future inclusion in the Nifty50. Trading in the new FNO contracts will start on April 24th, with three serial monthly contracts initially offered. Options contracts will include calls and puts. This launch provides traders with a new avenue to participate in the growth potential of midcap companies in India.
