"FM Nirmala Sitharaman Flags Concerns Over Retail F&O Trading Surge"
Finance Minister Nirmala Sitharaman sounded a note of caution regarding the unchecked surge in retail futures and options (F&O) trading during an event at the Bombay Stock Exchange (BSE) on Tuesday. Stressing the importance of a stable majority government for vibrant financial markets, she expressed confidence in Prime Minister Narendra Modi’s leadership for India’s continued economic growth. Speaking at an event at the BSE, the Finance Minister said the prerequisite for a vibrant and deep financial market is a stable and majority government. Sitharaman highlighted the potential challenges posed by the unchecked expansion of retail F&O trading, emphasizing its impact on market stability and household finances. With a significant portion of retail investors experiencing losses in F&O trading, she underscored the need to safeguard household finances from potential risks. The Finance Minister’s remarks come in the wake of concerns raised by market regulators regarding the high...