21 May 2026
NCDEX launches weather derivatives on Mumbai rain, making it India's first standardized weather derivative contract.
This creates a new asset class for hedging rainfall-linked business risk across agriculture, infrastructure, and event-dependent industries.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.