The National Stock Exchange of India Limited (NSE) commenced trading in derivatives with index futures on June 12, 2000. The futures contracts on NSE are based on S&P CNX Nifty. The Exchange later introduced trading on index options based on Nifty on June 4, 2001.

The turnover in the derivatives segment has shown considerable growth in the last year, with NSE turnover accounting for 60% of the total turnover in the year 2000-2001. Further details on index based derivatives are available under the Derivatives (F&O) section of the website.