SEBI’s board meeting on Friday may have skipped any immediate changes on weekly expiries or extending the tenure of derivative contracts, but the speculation is far from over. SEBI Chief Tuhin Kanta Pandey said a consultation paper would be released in due course, keeping alive the possibility of tweaks in the coming months. According to … Read more
After BSE has announced that it will discontinue Bankex weekly expiries, the market is rife with speculations that NSE may choose Nifty Bank over Nifty as both exchanges have to pick one expiry under new Sebi rules. Nifty Bank brings in higher volumes for the exchange, and better trading opportunities for speculators, but if Nifty … Read more
Having remained aloof to the selloff in equity markets worldwide, the Nifty too showed signs of being vulnerable on Friday as it broke its crucial support of 17,400 levels after falling 302 points. Fear gauge index India VIX rose sharply by 9.2% to 20.5 levels, indicating that volatility may remain high, going forward. Volumes on … Read more