SEBI Chairman Tuhin Kanta Pandey on Friday, October 31, said that the weekly options expiry mechanism “cannot just be shut down,” noting that many market participants rely on these instruments. His comments sparked a swift intraday recovery in BSE and Angel One shares, which had fallen sharply earlier in the session.
Speaking at the Business Standard BFSI Summit 2025, Pandey said regulators need to find the right balance in managing the derivatives market. He added that some measures on derivatives trading have already been taken, while others are yet to come into effect.
The remarks gave relief to market participants after weeks of uncertainty around potential curbs on weekly expiries
BSE and Angel One shares, which were down as much as 5% intraday, bounced back from the lows following Pandey’s comments. BSE shares were last trading 1.1% lower at ₹2,415.1, while Angel One was down 1.2% at ₹2,481.9. Angel One remains down 18% year-to-date, whereas BSE has gained 34% so far this year.
