BSE share fall due to longer tenure in equity derivatives

Capital market-linked stocks BSE Ltd. and CDSL Ltd. witnessed a selloff on Thursday after a top SEBI official said it is planning to raise tenure and maturity for equity derivatives. SEBI Chairperson Tuhin Kanta Pandey stated at an industry event in Mumbai that the market regulator is looking into the derivatives contract durations and will make changes after a consultative process.