SEBI Soon launches Weekly Futures on Nifty and other Stocks, like Bank Nifty

SEBI may soon accept Nifty and Weekly Futures in other shares like Bank Nifty. A decision can be taken in the meeting of SEBI on Monday. 7 issues will be discussed in the meeting of SEBI on Monday. Weekly futures will also be discussed. Recently, NSE has just got the discount of Weekly Bank Nifty option, no exchange permission from Weekly Future has not been approved.
In this meeting, FII and Domestic Institute can get some relief for block deals and the framework of security lending and borying can also be reconsidered. Apart from this, a decision can be taken to create stringent rules for preventing fraud in off-market transactions.

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