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    NCDEX launches Chennai rainfall futures to hedge monsoon risks

    NCDEX launched RAINCHNNAI, a rainfall-based weather futures contract, enabling participants to hedge Northeast Monsoon risks. Covering September-December, the cash-settled contract uses IMD rainfall data and complements RAINMUMBAI, expanding exchange-traded tools for managing weather-linked financial exposure.

    Chennai’s rain gets a market price: NCDEX launches RAINCHNNAI weather derivatives futures contract

    NCDEX launched RAINCHNNAI, a futures contract allowing market participants to hedge Chennai’s Northeast Monsoon risks. Utilizing a Cumulative Deviation Rainfall model, it complements the RAINMUMBAI contract, providing a complete monsoon risk management cycle from June through December.

    Stock market holiday: Are NSE, BSE closed today for Raksha Bandhan? Find out here

    The Indian stock market will remain open on August 28 for trading. Both NSE and BSE will operate normally on this date. Commodity markets will also function as usual on August 28. The market will next close on September 14 for Ganesh Chaturthi. Upcoming holidays include October 2 and November 10.

    Stock market holiday: Are NSE, BSE shut on Friday for Rakhi? Check full list of upcoming holidays

    The Indian stock market will remain open on August 28 despite Raksha Bandhan celebrations, with the NSE, BSE, MCX and NCDEX operating normally. Investors can also check the remaining six market holidays for 2026, including Ganesh Chaturthi, Dussehra, Diwali-Balipratipada, Guru Nanak Jayanti and Christmas.

    Investing before an IPO: As NSE, Jio Platforms prepare to list, five early investors reveal the rewards, risks, and patience required

    ET Wealth spoke to five investors who bought NSE shares long before the IPO became a certainty. Their stories are a reminder of the opportunities as well as the traps of this market. The five journeys chronicled above have a common thread: NSE has been the wealth creator. The earliest institutional-style buyers did even better.

    NCDEX to roll out Guar Korma futures from July 24

    NCDEX will launch Guar Korma futures on July 24, giving exporters, processors and feed manufacturers a SEBI-regulated platform to hedge price risks. The contract completes the exchange-traded guar derivatives ecosystem, improves price discovery and is expected to support India's export-driven guar industry amid volatile global feed markets.

    The Economic Times
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