Are their NIFTY IT FUT contracts?

F&O
1

I’ve been pretty confused about this.

https://www1.nseindia.com/products/content/derivatives/equities/niftyit_fando.htm

On NSE website, it shows those contracts, but I never see them in Zerodha (only NIFTY and BANK NIFTY).

So, is their IT or other sectors FUT/OPT contracts in Indian markets?

2

Earlier there were F&O contracts on Nifty IT, but were discontinued last year as there was very less participation.

Other than Bank Nifty another sectoral index where F&O contracts are available is Nifty Financial Services Index, you can add these to your marketwatch by searching for FINNIFTY.

3

@ShubhS9 Thank you. It makes sense now. Too bad NSE removed them.

4

Adding to the above answer, there are no other Sector-specific Future/Options contracts but there are Interest Rate Futures (For G-Secs, T-Bills and MIBOR). These are traded but have very low volumes

There used to contracts for Nifty Infrastructure, Nifty CPSE, Nifty PSE, and Nifty Midcap 50 Indicies but those were discontinued.

5

Thank you for the tip about interest rate futures.