India's BSE falls on concerns shift in expiry day may hurt market share
BSE said on Tuesday that India's markets regulator has approved its request to move the expiry of equity derivatives contracts to Thursdays from Tuesdays from September 1.
The Securities and Exchange Board of India has mandated that expiry days for all equity derivative contracts should be limited to either Tuesdays or Thursdays.
In October, it had reduced the number of weekly options contracts available to investors to one benchmark index per exchange in order to curb a derivatives trading frenzy.
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