SEBI introduces new rules for derivatives on non-benchmark indices
after close1 source ↓written by the desknot a recommendation
- per index
- 14 constituent stocks
- for the largest
- 20%
- for the top
- 45%
The Securities and Exchange Board of India (SEBI) has announced new eligibility rules for derivatives based on Non-Benchmark Indices (NBIs) effective from 30 Oct 2025. Key changes include a minimum of 14 constituent stocks per index and weight limits: 20% for the largest stock and 45% for the top three combined.
These adjustments aim to enhance index diversification, impacting derivatives trading on indices like BANKNIFTY and BANKEX. Traders should prepare for potential shifts in market dynamics as the rebalancing occurs in phases until March 2026.
Not investment advice. For informational purposes only.