SEBI's wrath may fall on these 23 stocks...
Market regulator SEBI has implemented new rules for the Futures and Options Segment (F&O Segment). This rule is related to eligibility criteria. It is going to affect 23 different stocks. All these stocks can be out of the F&O segment. Also, their F&O contract can also be closed. Also, shares of many new companies can get a place in it.
These changes have been made in the eligibility criteria
According to SEBI's circular, now the Median Quarter Sigma Order Size (MQSOS) of the stock should be at least Rs 75 lakh. Earlier it was only Rs 25 lakh. Along with this, the Market Wide Position Limit (MWPL) has also been increased by Rs 500 crore to Rs 1,500 crore. Apart from this, the average daily delivery value of stocks has been increased from Rs 10 crore to Rs 35 crore. It is being told that due to the strong increase in the average daily delivery value, SEBI has increased the limit of Rs 10 crore in the eligibility criteria to Rs 35 crore.
Stocks that fail to meet the criteria for 3 consecutive months will be removed
According to the report of Money Control, SEBI has not changed the proposal presented on june 28, 2024. Also, all stock exchanges have been instructed to work according to the new guidelines. As per the new rules implemented by SEBI, the stocks of the Futures and Options segment which will not be able to meet the eligibility criteria for 3 consecutive months will be removed from this segment. After this, new F&O contracts will not be issued for these stocks. Brokerage firm IIFL has said that due to these new rules, 23 stocks may be out of the futures and options segment. If this happens, their contracts will also be closed.
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