Introduction of Index options with tenure up to 5 years

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..... garding introduction of Index options with tenure up to 3 years. 2. It has now been decided to permit Stock Exchanges to introduce option contracts on Sensex and Nifty with tenure up to 5 years subject to the condition that; a. There are 8 semi annual contracts of the cycle June/December in sequence to 3 serial monthly contracts and 3 quarterly contracts of the cycle March/June/September/Decemb .....

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