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SEBI proposes curbs on F&O stocks to prevent erosion of investors’ wealth

The recent spike in intra-day volatility in stocks that are part of the equity futures and options (F&O) segment has put market regulator SEBI on high alert. On Monday, SEBI proposed to impose fixed Circuit filters on stocks, on which derivative products are available, on concerns that investors wealth is getting wiped out in a single day. It has proposed to cap the maximum daily movement up to 20% for all stocks, including those in F&O segment. Recent price crash in DHFL, Yes Bank, Zee group of companies has prompted SEBI to consider putting price bands to curb price volatility.

Read More at The Hindu Business Line News date : 12 Feb 2019, Tuesday

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