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Indian stock markets: round one to the Fed. But is the illness cured?

Indian stock markets will open today, sharply up. That’s no startling prediction, Asian markets that have already opened have gained and India will be no different. Monday and Tuesday saw India re-coupling with global markets, with the Sensex closing at 16730, down 17% from a week ago.
 

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Short Selling Allowed – A big step forward for Indian Stock Markets

Short selling is allowed again in the Indian stock markets. Sebi today issued a circular allowing short selling, with a securities lending and borrowing mechanism to be put in place. The stock exchanges and depositories will be the implementing agencies, they have been asked to make the necessary amendments in their own statutes, develop and test software for the same. Sebi will notify the date from which short selling is allowed after the agencies confirm their preparedness for the same.
 

What is proposed?

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Sebi issues note on new derivatives contracts

Sebi has issued a draft report (they have called it a note) on new products to be launched in the derivatives’ segment. The idea is to make the segment more popular, something it has already become as seen by the vast difference in trading volumes in the cash and derivative markets.The note is based on the recommendations of the Committee on Derivatives Market Review led by Prof. M. Rammohan Rao.
 

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