BSE receives SEBI approval to launch derivative contracts on BSE Focused IT index; all you need to know

BSE on Thursday, April 9, said that it has received approval from the Securities and Exchange Board of India (SEBI) to launch derivative contracts on the BSE Focused IT Index.

In a regulatory filing, the stock exchange said that the BSE Focused IT is a sector index that measures the performance of the 14 companies belonging to the information technology (IT) sector.

It added that the details regarding the launch and contract specifications will be notified via separate exchange circulars.

BSE Focused IT index gainers and losers on April 9

The BSE Focused IT index closed 0.4% or 142.92 points higher at 36,755.13 on Thursday.

The top gainers in the pack were Cyient (3.5%), Persistent Systems (1.9%), Mphasis (1.4%), LTM (1.4%), and Tata Consultancy Services (TCS) (1.1%).

On the contrary, Infosys (-1.1%), Coforge (-0.5%), KPIT Technologies (-0.4%), Tata Technologies (-0.3%) and Wipro (-0.2%) were the only top losers in the index.

BSE stock performance

Shares of BSE closed 2.96% higher at ₹3,257.40 apiece on the National Stock Exchange (NSE) on Thursday. During the session, the stock surged as much as 3.86% to a fresh 52-week high of ₹3,285.70 per equity share. However, the announcement was made after the market closed.

The scrip has gained 14% in the past week and 18% over the month. On a year-to-date basis, it has rallied 24%.

The share reached a 52-week low of ₹1,784.18 per unit almost a year ago on April 8, 2025.

BSE has a total market capitalisation of ₹1.33 lakh crore as of April 9, 2026, according to data on the NSE.