💨 Abstract

The Securities and Exchange Board of India (SEBI) tightened rules for derivatives trading in India on Tuesday, raising entry barriers and increasing costs. However, shares of brokerages recovered from earlier losses as the changes were less severe than feared. Discount broker Angel One, exchange operator BSE, and discount broker 5Paisa Capital experienced varying levels of recovery. Analysts cited lower than expected margin hikes and an end to regulatory uncertainty as reasons for the recovery.

Courtesy: theprint.in