RBI, Sebi monitoring high volumes in F&O market

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₹79,927 trillion at the end of March, NSE data show.Sebi is now considering a series of tweaks to its derivatives trading rules, including higher margins for selling options contracts and more detailed disclosures.Also read | Why Sebi’s reviewing the eligibility criteria for derivatives tradingLast month, finance minister Nirmala Sitharaman alluded to an unchecked explosion in retail trading of futures and options, saying it could create challenges not just for the markets but for investor sentiment and household finances as well.Das on Tuesday said the last mile of the disinflationary process was proving to be sticky owing to 'stubborn' food prices. But he added that it was "too premature" to change the monetary policy stance and that the apex bank had to shun an "adventurism" approach on the rates front.Also read | The MPC has done well to keep policy interest rates unchanged"The disinflationary process is facing a lot of resistance from food inflation which is stubborn and high, primarily due to supply-side factors affected by weather conditions," he said.RBI's monetary policy committee kept its rates and stance unchanged in its June policy.

The MPC also raised its forecast on India's GDP growth in financial year 2024-25 to 7.2% from 7% following the economy's blistering 8.2% expansion in FY24. The six-member panel kept its inflation forecast for FY25 at 4.5%.