Regulatory curbs on the domestic equity derivatives market could benefit commodities, as traders seeking opportunities may turn to the latter, multiple analysts told ETMarkets. Currently, MCX’s average daily turnover is around Rs 2 lakh crore, Anuj Gupta, Head of Commodity & Currency at HDFC Securities, said. He expects gains of around 20-30% in commodities due … Read more
The Securities and Exchange Board of India (Sebi) has proposed to relax registration requirements and cost of compliance for Investment Advisors (IAs) and Research Analysts (RAs) by amending/clarifying the existing regulations. On Tuesday, the market regulator issued a consultation paper, seeking comments from the public to put in place what it said would be a … Read more
The Securities and Exchange Board of India (Sebi) has proposed faster credit and trading of bonus shares. It has suggested to streamline and reduce timelines of bonus issue enabling T+ 2 trading of shares post record date. The move is aimed to reduce investors’ risk of market volatility due to any delay in credit of … Read more
Raising the red flag over the heightened retail frenzy in the zero-sum game of options trading, markets regulator Sebi’s whole-time member Ananth Narayan on Friday pointed out how some traders are treating expiry day trading as playing in a casino for a jackpot. “Trading in index options, specifically close to expiry, then starts to resemble … Read more
India’s stock brokers are gearing up for challenging times ahead as the likelihood of stricter norms in equity derivatives is expected to aggravate the industry’s woes already weighed down by a slew of regulatory tightening measures and higher taxes on options trading. Broking officials and analysts said the profitability of these firms, especially discount brokers … Read more
“And after going through the entire consultation paper first of all, as a trader with two decades of experience I am now talking, not as a broker or not someone coming from a broker community, the number one thing what SEBI should consider doing is one, you have to encourage people to do long-term investing … Read more
Stressing on the point that due diligence in financial services is sacrosanct, the Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch said that the KYC Registration Authority (KRA) system in the stock markets is absolutely essential to keep the sector safe.Taking the example of Paytm, Buch said that she cannot allow something … Read more
Sebi chairperson Madhabi Puri Buch on Tuesday said households are losing up to Rs 60,000 crore a year in the problematic futures and options segment. Speaking at an event at the largest equity bourse NSE, Buch wondered why such bets in the derivative markets should not be called as a “macro issue”, as it had … Read more
Zerodha chief Nithin Kamath on Tuesday said the proposed changes by market regulator Sebi to clampdown the frenzy of derivatives trading won’t really have an effect on reducing options volumes. Sebi floated a consultation paper that suggested a series of measures to protect retail traders and enhance market stability. “The suggested changes, even with the … Read more
Nifty Bank, which has been underperforming in the last few weeks, looks ready for a smart recovery in the short term. “Going forward, a move above 51,500 might induce a decent rally towards 52,500. On the lower end, support is placed at 51,000,” says Rupak De, Senior Technical Analyst, LKP Securities. Edited excerpts: How would … Read more
