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NCDEX Taps TCS for Equities Market Entry
13 Feb
Summary
- NCDEX appoints TCS to build IT systems for equity markets.
- Equity cash segment launch planned by end of 2026.
- Equity derivatives segment is targeted for March 2027 launch.

National Commodity & Derivatives Exchange Ltd (NCDEX) has appointed Tata Consultancy Services (TCS) as its technology vendor. This move signals NCDEX's strategic expansion into the equities market.
TCS will develop the essential IT systems for NCDEX to introduce an equity cash segment by the close of 2026. Subsequently, an equity derivatives segment is slated for launch by March 2027.
This expansion follows NCDEX's receipt of approval from the Securities and Exchange Board of India (Sebi) early last year. To fund these new platforms, NCDEX successfully raised ₹770 crore through a preferential allotment in September last year, attracting investment from various institutional and individual investors.
The entry into equity markets intensifies competition, especially with Sebi's recent restrictions on weekly equity index options expiries, prompting exchanges like NSE and BSE to adjust their strategies. NCDEX's historical significance dates back to 2003, re-establishing commodity derivatives trading in India.




