Description
NSE announces dissemination of four new indices (Nifty MidSmallcap400 50:50, Nifty Cement, Nifty Smallcap 500, Nifty REITs & Realty) in the F&O segment via NEAT+ terminals effective May 11, 2026.
Summary
NSE’s Futures & Options segment circular (Ref. No. 58/2026) notifies members that four indices will be disseminated via NEAT+ terminals under the multiple index inquiry screen effective May 11, 2026. This circular is consequent to Capital Market circular NSE/CMTR/74097 dated May 07, 2026 covering the same indices for the Capital Market segment.
Key Points
- Four indices will be broadcast to F&O members via NEAT+ terminals with specific broadcast names.
- Index broadcast names differ slightly from official index names in some cases (e.g., ‘Nifty REITs & Realty’ broadcasts as ‘Nifty REITs Realty’).
- Members using Non-Neat Front End (NNF) systems must configure or develop their systems independently to receive the index broadcast.
- Factsheets for the indices are provided as annexures to the circular.
- The Nifty Cement Index was launched February 16, 2026, tracks up to 20 cement & cement products stocks from Nifty Total Market, and currently has 16 constituents with Grasim Industries Ltd. as a top weighted constituent.
Index Broadcast Name Mapping
| Sr. No. | Index Name | Broadcast Name |
|---|---|---|
| 1 | Nifty MidSmallcap400 50:50 | Nifty MidSmall 50 50 |
| 2 | Nifty Cement | Nifty Cement |
| 3 | Nifty Smallcap 500 | Nifty Smallcap 500 |
| 4 | Nifty REITs & Realty | Nifty REITs Realty |
Regulatory Changes
No new regulatory rules introduced. This circular operationalises the extension of index dissemination to the F&O segment following the parallel Capital Market segment circular (NSE/CMTR/74097).
Compliance Requirements
- NEAT+ users: No action required; index data will be automatically available under the multiple index inquiry screen.
- NNF (Non-Neat Front End) users: Must configure or develop systems to receive the index broadcast feed for the four new indices.
Important Dates
- Circular Date: May 07, 2026
- Effective Date: May 11, 2026
- Reference Circular: NSE/CMTR/74097 dated May 07, 2026 (Capital Market segment)
Impact Assessment
This is a low-severity operational update. F&O members using NEAT+ terminals will gain automatic access to real-time broadcast data for four indices, supporting index-based strategy development and monitoring. NNF members face a moderate operational requirement to update their systems before May 11, 2026. The Nifty Cement Index, tracking up to 20 cement sector stocks with a 15% single-stock weight cap, is newly launched (February 16, 2026) and its inclusion in F&O dissemination may support future derivative product launches on the index.
Impact Justification
Operational update affecting F&O members using NEAT+ and NNF terminals; requires system configuration for new index broadcasts. Effective May 11, 2026. No trading restrictions or compliance penalties involved, but NNF members must actively update systems.