You are here: Home » Markets » News
Business Standard

Sebi Clears Futures Contracts In 31 Stocks

BUSINESS STANDARD 

The Securities & Exchange Board of India today approved the introduction of individual stock futures contracts in 31 stocks in which options contracts are currently permitted.

It however did not take a final decision on the Anand Rathi case. The issue of open offers from PSUs being privatised did not come up for discussion as the board was hardpressed for time.

At an earlier meeting on September 4, the Sebi board had granted approval in-principle for the introduction of futures in 31 stocks.

The board today gave the go-ahead for the detailed scheme of introduction, the proposed risk containment measures for settlement of trades in cash, and the time frame for contracts.

With Sebi

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, November 02 2001. 00:00 IST
RECOMMENDED FOR YOU
.