INDIA MARKET LENS
Economy & Policy◆ MixedMonetary Policy

Sebi likely to adopt blended pricing framework to curb expiry-day volatility in derivatives

SEBI is in focus in a monetary policy development.

· LiveMint Markets

Sebi reviewed the framework through a consultation paper in September, following pushback from market participants over a liquidity squeeze during the auction.

Rate decisions ripple straight into banks, NBFCs and every rate-sensitive sector — from real estate to autos.

Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.

  • With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • This is a market-wide development — its reach goes beyond any single stock.