Measures announced by the market regulator Securities and Exchange Board of India (Sebi) on Friday to curb volatility will impact volumes in the cash and the derivatives (futures & options) segments, say analysts. The measures, they estimate, will impact around 10-12 per cent of the stocks in the F&O segment. For most other counters, even if Market Wide Position Limit (MWPL) is restricted, they believe the open interest is far lower to have any meaningful impact.
MWPL is the maximum position that can be taken in both futures and options contracts. At present, MWPL is the lower of: 1) 30