In order to get entrance in the Future and Option trade (F&O), Sebi has proposed to regulate the eligibility criteria of derivatives a notch higher. As discussed in a Secondary Market Advisory Committee (SMAC) meeting for feedback, the tightening will cure the placement of insignificant shares under the derivatives. Just 135 stocks in India at present check in the Sebi-applied category of maintaining ₹10 to ₹20 crore as average daily delivery value within rolling basis of the past six months.
