To start with, exchanges have been permitted to launch derivative contracts on indices of corporate debt securities rated AA+ and above. Sebi said constituents of the index should have adequate liquidity and diversification at the issuer level and it should be reviewed periodically.
US Stocks: Nasdaq ends down as expectations of Hormuz deal fade
The Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle East crisis. Intel