India's BSE, brokerage stocks slip as NSE chief hints at further curbs on derivatives trading

360 One Wam

27/02/2026 08:22

** Exchange operator BSE's shares BSEL.NS  fall 3.1%, while Angel One ANGO.NS, Nuvama Wealth NUVA.NS, Nippon Life NIPF.NS and 360 One Wam ONEW.NS slide 1%-4.5%

** Drop follows comments from NSE's managing director and CEO Ashish Chauhan at a Thursday event that regulators and exchanges will keep tightening rules to curb excessive speculation in high-risk futures and options

** Chauhan said India could adopt minimum eligibility norms for derivatives, like Singapore and the U.S., using suitability checks and financial thresholds

** It's high time India put similar measures in place so the lower strata of society is not left bleeding money in derivatives, Chauhan said

** Earlier this month, the central bank proposed rule changes that prohibit banks from lending for proprietary trading, while the government raised transaction taxes on derivatives in the union budget on Feb 1

** India's markets regulator has also rolled out multiple steps recently to cool the explosive growth in equity derivatives, where 90% of retail investors incur losses, according to an official study

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))