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    New Updates In Futures & Options

    What is BSE launch on F&O contracts for Focused IT Index?

    This launch allows traders and investors to participate in the performance of India’s Information Technology sector through a focused index linked to a specially curated index of leading IT companies.

    Index Overview:

    • Name & Code: BSE Focused IT (FOCIT)
    • Nature: A sector-specific index tracking the "top 14" IT companies.
    • Selection Universe: Companies must be part of the BSE 500 and belong to the 'Information Technology' sector.
    • Weighting Method: Based on free-float market capitalization.
    • History: Established on June 23, 2014, with a base value of 10,000.
    • Provider: BSE Index Services Pvt. Ltd.
    Please note:

    Starting May 11, 2026, traders and investors will be able to access three monthly contract series in the Equity Derivatives segment:

    • May 2026
    • June 2026
    • July 2026

    These contracts will expire on the last Thursday of the respective expiry month, providing a structured monthly trading cycle for traders.

    What is the Option 20 scheme? What is the GST amount for option trade? Where do I check the date from which I have been mapped under Options 20? Does ICICI Direct offer Futures & Options (F&O) contracts with up to 1-year expiry? What is VAR + ELM? Why is it required for stock options? What are the brokerage charges in Futures & Options if I am mapped to Option 7 scheme? Can I place an order before and after market hours for futures and options on ICICI Direct? What is the MTM (Mark-to-Market) process in F&O? Where can I check if a stock is in MWPL ban? Why am I unable to place an F&O order? Recent Price Revision in F&O When is Extreme Loss Margin(ELM) applicable? Why did my position in Futures and Options get squared-off ? What happens in case my F&O Limit goes negative due to placing Option Buy order at Market price? What are the system square off charges in F&O? How the fund payout process works in stocks and F&O contracts? What is the revised Securities Transaction Tax (STT) for F&O? Why isn't my order getting executed even though it has been placed successfully in Futures and Options? What are the criteria for the contract enablement in F&O? Understanding EBA/F&O Entries in Your ICICI Account or Ledger How limits are displayed on limits page? What is settlement cycle in F&O? How to download STT statement for Futures and Options? What is the additional exposure margin on securities under MWPL? When is a tax audit applicable to an F&O trader? Which ITR form should an F&O trader use for filling tax? Can F&O losses be set off against salary income or other business income? What happens if I incur a loss from F&O trading? Can I carry it forward? What are due dates and late filing impact? What documents are required for tax filling? What expenses can be deducted from F&O trading income? How much tax is payable on F&O profits? How is F&O turnover calculated for tax purposes? What are the new sectoral launches of NSE ? How is F&O trading income taxed in India? How is the amount of contract note is calculated? How is Net total amount calculated in the contract note? Why my position in futures and options is squared off lot by lot?