BSE and Angel One shares plunged following SEBI’s proposal to extend equity derivatives contract tenures. Chairman Tuhin Kanta Pandey highlighted the need for longer maturities, aiming to moderate retail-driven derivatives trading. This move follows concerns over significant retail investor losses, prompting SEBI to consider further restrictions on intraday index derivatives to mitigate systemic risks.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets