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Will SEBI curb weekly expiry? Tuhin Kanta Pandey replies

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Weekly Expiry News: SEBI chairperson Tuhin Kanta Pandey on Wednesday (Aug 6) rubbished the media reports claiming that the capital market regulator is considering a major shift in weekly expiries. Responding to a query, Pandey said that he is "not aware of any such communication". "Media reports are speculative, what we have been saying is out in the open".He added that reforms are needed but the nature of those reforms are discussed through a process.After Pandey's clarification, BSE shares recovered all the losses and started trading in the green. At 1 PM, BSE shares were up 1.50 per cent to trade at Rs 2405. The counter made a high of Rs 2428, up 2.50 per cent intraday and up nearly 7 per cent from day's low of Rs 2282.Earlier on Tuesday, media reports claimed that SEBI is considering to curb weekly expiries and make one expiry every two weeks. If the regulator takes any decision on this front, then the current set up will change wherein BSE Sensex contacts expire on every Tuesday and Nifty 50 contracts expire on every Thursday. Under the new system, all the contracts will have only one expiry every two weeks.SEBI has already several measures in order to curb option trading. In November last year, SEBI implemented a range of measures aimed at reducing market volatility.In July this year, a SEBI study revealed that retail investors lost nearly Rs 1.06 lakh crore in F&O segment during FY2025 -- up 41 per cent from Rs 74,812 crore loss booked by retail investors in FY2024.(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)