India's BSE will retain weekly derivative contracts linked to the Sensex after the country's markets regulator announced tighter rules for equity derivatives, two sources with direct knowledge of the matter said.

The BSE announced the discontinuation of weekly index derivatives contracts on the Sensex 50 and Bankex following Sebi's new directive to curb specula

SEBI on Tuesday asked exchanges to cut down the number of weekly options contracts available to investors to only one from November 20

India's BSE said it will discontinue weekly derivative contracts linked to Bankex and Sensex 50, indicating the stock exchange operator will retain only contracts linked with its benchmark BSE Sensex,

November, BSE will no longer offer weekly index derivatives on Sensex 50 and Bankex, following SEBI’s new framework designed to reduce risk and improve market stability. Key changes include stricter monitoring and higher contract values.

This comes following SEBI’s recent guidelines on strengthening equity index derivatives framework for increased investor protection and market stability

Sources have told ET NOW that the BSE will retain weekly derivative contracts linked to the Sensex. This follows SEBI's tighter rules for the Futures and Options (F&O) trading.