NSE’s NATGASIND: India’s First Domestic Natural Gas Futures
Why in the news
The National Stock Exchange introduced a gas derivative that uses a price benchmark set inside India, adding to the commodity derivatives market.
Key facts
| Feature | Detail |
|---|---|
| Launch date | 27 July 2026 |
| Settlement | Cash-settled |
| Underlying price | Indian Gas Exchange (IGX) Gujarat (Dahej) hub |
| Symbol | NATGASIND |
| Trading unit | 250 mmBtu |
Significance
- Participants get a way to manage swings in gas prices.
- The domestic benchmark strengthens India’s commodity derivatives market.
Exam angle
- Exchange: NSE; underlying hub: IGX Gujarat (Dahej).
- Ticker: NATGASIND.
- Lot measure: 250 mmBtu, a unit of gas energy content.