NCDEX has received in-principle approval from Sebi to launch its equity and equity derivatives segment, subject to certain conditions including maintaining robust commodity volumes and IT timelines. The exchange plans to invest ₹750 crore to develop the segment, starting with cash offerings. This move diversifies NCDEX’s offerings and positions it against competitors like MSE, leveraging its rural penetration.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets