'She was wild and mysterious': Zerodha's Nithin Kamath writes a playful 'obituary' for volatile Bank Nifty Weekly

  • Posted on November 14, 2024
  • By Business News Today
  • 1 Views
'She was wild and mysterious': Zerodha's Nithin Kamath writes a playful 'obituary' for volatile Bank Nifty Weekly

Bank Nifty Weekly contracts, a popular tool in India's options market, are no more. SEBI, the regulatory body, discontinued them to curb speculative trading. The move is expected to impact trading volumes, particularly for platforms like Zerodha. Bank Nifty Weekly contracts, launched in 2016, had gained immense popularity. SEBI's decision reflects a shift towards stricter regulations in India's financial markets.
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