Amid heightened anxiety over possible curbs on weekly options trading, SEBI Chairperson Tuhin Kanta Pandey issued a public clarification stating that recent media reports suggesting immediate action on weekly expiries were speculative and not officially sanctioned. The remarks helped cool market sentiment, especially among capital market stocks that had been heavily sold off.
Following the clarification, indexes such as Sensex and Nifty managed to post gains, helped by a rebound in financial, auto, and IT sectors. BSE and Angel One, which had dropped significantly in the morning session, pared some of their losses as investors saw the clarification as a sign that any changes would be gradual and well-consulted.
Market analysts praised SEBI’s transparency, noting that clear communication is vital in a system as sentiment-driven as equities. Many believe that while regulatory changes are inevitable, their impact can be softened by timely updates and inclusive policy formulation involving exchanges, brokers, and investors.
Still, the broader fear remains. With SEBI taking a more hands-on role in shaping the future of derivatives trading, companies whose business models lean heavily on high-volume, short-term trades will likely face continued valuation pressure until there is full clarity on the reforms’ scope and timelines.
