Household Savings Going Into Speculation, Says Sebi Chief
The New Indian Express|June 28, 2024
Capital market regulator revises the futures and options stock selection criteria, to constitute expert group to look into this segment and submit report
BENN KOCHUVEEDAN
Household Savings Going Into Speculation, Says Sebi Chief

WITH the F&O volume more than doubling in the past six years from ₹210 trillion (₹210 lakh crore) in FY18 to 500 trillion in FY24, making the country the largest in the world with over 85% of the global derivatives volume, the regulators have been a worried lot and this has finally the market regulator Sebi taking some concrete action.

Of this total, more than 95% are on the NSE alone, making the bourse the world's largest F&O exchange. In a board meeting on Thursday, the Sebi has revised the F&O stock selection criteria though it will not lead a massive increase or decrease in the number of stocks in derivatives segments.

Addressing the media after the board meeting, Sebi chair Madhabi Puri Buch said it has been decided to constitute an expert group to look into F&O segment, which will submit a report to the secondary market advisory committee.

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