The Securities and Exchange Board of India (SEBI) is holding a key meeting today to discuss significant changes impacting market players.
A major focus is on revising the index derivatives framework, which aims to curb excessive trading risks associated with daily expiries. SEBI had earlier proposed weekly expiries for index-based contracts, increasing the minimum contract size to Rs 15-20 lakh initially, and later Rs 20-30 lakh. These changes are expected to deter retail investors from high-risk trades. The board may finalize these reforms after receiving public comments on August 20.