Securities and Exchange Board of India approved BSE to launch derivatives on its Focused IT Index, tracking 14 major IT firms. The move comes as the index records sharp declines, offering new hedging and trading opportunities for investors.
Over the last five trading sessions ended October 1, the benchmark Sensex declined 2.27%, or 1,671 points, to close at 71,909. The index recorded losses
The IPO is expected to remain open until October 23, with the anchor book likely to open on October 19. The shares are targeted to
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