The National Stock Exchange ​of India

said on Thursday ‌it had received approval ​from SEBI to launch derivatives contracts on

the Nifty India ‌FPI 150 Index from August 12.The ‌Nifty ⁠India FPI 150 ⁠Index, launched last year, tracks

the performance of the top ​150 stocks ‌from the Nifty 500 that

are accessible and investable for foreign investorsNSE said the index's ​focus on liquidity and investability