Shares of the Bombay Stock Exchange Ltd. (BSE) and Angel One Ltd. fell up to 5% on Thursday, September 11, after a CNBC-TV18 exclusive with regards to the weekly options expiry.Sources told CNBC-TV18 exclusively that the SEBI is likely to float a consultation paper within the next month to consider ending the weekly F&O contracts, and that the plan is to transition to monthly expiries, with a defined glide path.
The regulator is also considering same day expiries across exchanges and that consultations with them would begin as early as next week, according to the sources.
SEBI is set to hold its board meet on Friday, September 12.SEBI’s consultation paper is also likely to propose curbs on the retail participation in the F&O segments, suggesting a threshold for the same, as per the sources.
Shares of BSE and Angel One had declined up to 9% on August 21, when SEBI Chairman Tuhin Kanta Pandey first spoke about the longer tenor for derivatives contracts.
Shares of BSE are trading 3% lower on Wednesday after the newsbreak, while those of Angel One are down 4% at ₹2,242. Both the stocks are down 9% and 12% respectively, over the last one month.
