The National Stock Exchange of India (NSE) — the country’s largest exchange — has written to the Securities and Exchange Board of India (Sebi) over the issue of expulsion of stocks from the derivatives segment.
According to people in the know, the exchange has expressed concerns over large number of stocks moving out of the derivatives segment, in order to adhere to the stringent inclusion and trading framework laid down by the markets regulator.
The people added that the NSE has made a representation to Sebi, highlighting how the derivatives market helps in improving liquidity in the cash market. Therefore,