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    <title>Mini derivative (Futures &amp; Options) contract on Index (Sensex &amp; Nifty)</title>
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    <description>SEBI directs the discontinue of mini derivative contracts on Index (Sensex and Nifty) by prohibiting issuance of fresh mini derivative contracts; existing unexpired contracts may trade until expiry and new strikes may be introduced in existing contract months. Exchanges must give due market notice and take necessary action to implement the directive. The circular invokes the Board&#039;s regulatory powers to protect investor interests and regulate the securities market.</description>
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      <description>SEBI directs the discontinue of mini derivative contracts on Index (Sensex and Nifty) by prohibiting issuance of fresh mini derivative contracts; existing unexpired contracts may trade until expiry and new strikes may be introduced in existing contract months. Exchanges must give due market notice and take necessary action to implement the directive. The circular invokes the Board&#039;s regulatory powers to protect investor interests and regulate the securities market.</description>
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