The regulator may also look to modify the market-wide position limit (MWPL) across exchanges and link it to delivery volumes of stocks to prevent manipulation and cornering of stocks by any entity, the people cited above said on the condition of anonymity. MWPL refers to the total number of stock options and futures contracts one…
India’s retail trading revolution has delivered an uneven outcome. While new-age brokerage platforms are raking in record profits, millions of individual investors—particularly in the derivatives market—are nursing heavy losses. The paradox at the heart of India’s stock market boom is this: Technology has made trading more accessible, but not necessarily more profitable for the average…
The protagonist, a farmer from a small town near Bengaluru, is now facing a staggering â‚ą69 crore tax demand. The man did not wish to be identified, so we will refer to him as AN for ease of narration. What began as a brief stint in futures and options (F&O) trading a decade ago has…
The Securities and Exchange Board of India (Sebi) may revise the â‚ą500-crore exposure or open interest limit each in index futures and options introduced for institutional investors—foreign portfolio investors and mutual funds—after the covid-19 outbreak in March 2020. The markets regulator proposes to change the methodology for measuring open interest (OI), the value of outstanding…
But first, what’s a portfolio investment scheme? It’s an arrangement introduced by the Reserve Bank of India to enable NRIs to invest in the stocks of Indian companies, and allows for both repatriation and non-repatriation of profits. But there are differences in PIS and non-PIS accounts that you need to consider before deciding on one….
The Securities and Exchange Board of India’s (Sebi) latest proposals of rule revisions for derivatives trading reflect a reinforced resolve to contain retail speculation, an evident frenzy of which has been flagged for its risks. The slew of measures it has proposed include an increase in the minimum contract size from â‚ą5 lakh to â‚ą15-20…
Capital markets regulator Securities and Exchange Board of India (SEBI) has proposed a series of near-term measures to prevent speculative trading, such as gambling in index derivatives, which include curbing multiple option contract expiries and increasing the size of options contracts. The seven measures suggested by the market watchdog are aimed at curbing market speculation,…
Budget 2024: In a shock to investors, Finance Minister Nirmala Sitharaman, in her presentation of the Union Budget for FY 2024-25, announced several key tax changes impacting capital gains and trading activities. FM announced that the long-term capital gains tax rate on all financial and non-financial assets will rise from 10% to 12.5%, with an…
