SEBI Approves BSE Launch of Derivatives for Sensex Next 30 Index

The Bombay Stock Exchange (BSE) has received approval from the Securities and Exchange Board of India (SEBI) to launch cash-settled monthly futures and options contracts on the BSE Sensex Next 30 index. This index tracks the next largest and most liquid companies within the BSE 100 that are not part of the Sensex 30. The contracts will expire on the last Thursday of each expiry month, though the launch date is yet to be announced. The move expands BSE's derivatives offerings amid rising investor interest and aims to enhance its market competitiveness. BSE shares rose about 3% following the announcement, and the exchange reported a 174% year-on-year profit increase in Q3 FY26, driven by growth in derivatives trading.