Breaking: Sources indicate India’s market regulator is reevaluating intraday limits for equity derivatives.

Regulatory Meeting: India's market regulator, SEBI, is meeting to discuss stricter limits on positions in index derivatives following manipulative trading practices by U.S. firm Jane Street.

Proposed Changes: The advisory committee will consider recommendations for intraday limits and maximum allowable exposure for trading members in equity derivatives to protect retail investors.

Market Impact: India’s equity derivatives market constitutes nearly 60% of global trading volumes, but retail investors have suffered significant losses totaling 524 billion rupees over the past year.

Ongoing Reforms: SEBI has already implemented measures like increasing minimum lot sizes and reducing contract expiries, with further reforms aimed at managing market risks and curbing large firms' activities.