The reshuffle, coinciding with Nifty’s derivatives expiry, will result in Bharat Petroleum Corp Ltd (BPCL) and Britannia Industries Ltd exiting the index, causing significant outflows, while Grasim Industries and Bajaj Finance will undergo weightage adjustments.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on