• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

NSE To Discontinue Three Weekly Options Contracts Including Bank Nifty

OMMCOM NEWS by OMMCOM NEWS
October 11, 2024
in Business

New Delhi: National Stock Exchange (NSE) has announced that weekly index derivatives contracts on Bank Nifty, Nifty Midcap Select, and Nifty Financial Services will be discontinued effective from November 13, November 18 and November 19, respectively.

This decision by NSE has been taken to comply with the new rules issued by the Securities and Exchange Board of India (SEBI) earlier this month for trading in futures and options (F&O).

Now NSE will have only one weekly tradeable index, which is Nifty 50.

As per the new F&O rules “from November 20, only one weekly index derivatives contract will be allowed per exchange”.

Earlier on October 3, the Bombay Stock Exchange (BSE) announced that the weekly derivatives contracts of Sensex 50 and Bankex would be discontinued from November 14 and November 18. Only Sensex weekly derivatives contracts will be available for trading.

According to the new F&O rules, exchanges are now required to monitor intraday positions at least four times a day and impose penalties if any intraday limit is breached.

After the new SEBI circular, the size of derivatives contracts in benchmark indices like Nifty and Sensex will increase from Rs 5 lakh-Rs 10 lakh to Rs 15 lakh-Rs 20 lakh.

SEBI tightened F&O rules due to the continuous losses incurred by retail investors in the derivatives segment. Recently a study was released by the market regulator. It was reported that in the last three years, 1.10 crore traders in the F&O segment have suffered a combined loss of Rs 1.81 lakh crore.

Out of the total, only 7 per cent of F&O traders have managed to make money.

According to the exchange data, equity cash market turnover in India has doubled from FY 20 to FY 24, while the turnover of index options has increased 12 times to Rs 138 lakh crore in FY 24, which was Rs 11 lakh crore in FY 20.

IANS

 

Tags: National Stock Exchange
ShareTweetSendSharePinShareSend
Previous Post

Naga Outfits In Manipur Oppose India-Myanmar Border Fencing

Next Post

WHO Report Shows Vaccines Can Reduce Antibiotic Use, Fight Resistance

Related Posts

Business

US Tariffs: This Is How Indian Textile And Apparel Industry Can Offset Losses

August 29, 2025
Business

Equity Mutual Funds Witness Sharp Rise In India As Investors Eye Wealth Creation

August 29, 2025
Business

Centre Names Former RBI Governor Urjit Patel As IMF Executive Director For 3 Years

August 29, 2025
RBI Governor Sanjay Malhotra
Business

RBI To Be Agile And Proactive In Liquidity Management Amid Global Uncertainties: Governor

August 29, 2025
Business

Dream Sports-Owned FanCode To Shut Sports Merchandise Business By October

August 28, 2025
cotton
Business

India’s Textile Sector Gets Booster Shot With Import Duty Exemption On Cotton

August 28, 2025
Next Post

WHO Report Shows Vaccines Can Reduce Antibiotic Use, Fight Resistance

Lebanon

21 Killed, 6 Soldiers Among 41 Injured In Israeli Airstrikes On Lebanon

Mohan Majhi

CM Mohan Majhi Announces Waiver Of Ground Rent For Durga Puja Pandals Across Odisha

khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.