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Enhancement in Market Timing at NSE IFSC – Update

Category Details Title / Headline Enhancement in Market Timing at NSE IFSC – Update Circular Ref. No. 297/2026 | NSEIFSC/TRADE/2794 Issuing Authority NSE IFSC Ltd. Effective From 02 November 2026 Purpose To postpone the go-live date for the market time revision (providing extended/aligned trading hours up to 23.5 hours of trading) based on feedback and […]

October 12, 2026
Understanding Circulars

Review of Client Position Limits and Penalty Provisions in Commodity Derivatives Segment

Category Details Title / Headline Review of Client Position Limits and Penalty Provisions in Commodity Derivatives Segment Circular Ref. No. HO/47/16/13(5)2026-MRD-POD1/ I/20735/2026 Issuing Authority Securities and Exchange Board of India (SEBI) Effective From 09 September 2026 Purpose Revision of client-level position limits in agricultural commodity derivatives. Modification in definition of broad commodity. Rationalization and capping […]

September 19, 2026
Understanding Circulars

NSE IFSC Market Timing Enhancement – Effective Date

Category Details Title / Headline Enhancement in Market Timing at NSE IFSC Circular Ref. No. NSEIFSC/TRADE/2756 Issuing Authority NSE IFSC Ltd. Effective From 12 October, 2026 Purpose To notify the effective for enhanced market timings informed earlier as follows:Index Futures: Session 1 pre-open shifted earlier to 05:00 hrs (from 06:15 hrs).Index Options: Session 1 normal […]

September 7, 2026
Understanding Circulars

Enhancement in Market Timing at NSE IFSC

Category Details Title / Headline Enhancement in Market Timing at NSE IFSC Circular Ref. No. NSEIFSC/TRADE/2720 Issuing Authority NSE IFSC Ltd. Effective From Will be notified separately via subsequent circular. Purpose Index Futures: Session 1 pre-open shifted earlier to 05:00 hrs (from 06:15 hrs).Index Options: Session 1 normal market open shifted earlier to 05:15 hrs.Single […]

August 18, 2026
Understanding Circulars

Introduction of Closing Auction Session (CAS) in the Equity Cash Segment and certain modifications in the Pre-Open Auction Session

Category Details Title / Headline Introduction of Closing Auction Session (CAS) in the Equity Cash Segment and certain modifications in the Pre-Open Auction Session Circular Ref. No. HO/47/11/11(3)2025-MRD-POD2/I/2765/2026 Issuing Authority SEBI Effective From August 03, 2026: Framework for CAS in the cash segment. September 07, 2026: Changes in the Pre-Open Auction Session framework. Purpose To […]

August 10, 2026
Understanding Circulars

NSE IFSC Discontinues U.S. Stock Depository Receipts Programme

Category Details Title / Headline Termination of NSE IFSC Receipts Programme (Unsponsored Depository Receipts on U.S. stocks) at NSE IFSC Limited. Circular Ref. No. NSEIFSC/TRADE/2698 Issuing Authority NSEIX Effective From February 01, 2027 Purpose The regulatory framework in GIFT-IFSC has evolved with the introduction of the cost-efficient, scalable Global Access framework (via subsidiary NSEIX Global […]

July 27, 2026
Understanding Circulars

Operationalisation of Past Risk and Return Verification Agency (“PaRRVA”)

Category Details Circular Reference No. HO/38/14/(4)2026-MIRSD-POD/I/10557/2026 Issuing Authority Securities & Exchange Board of India (SEBI) Effective From May 04, 2026 Purpose SEBI has officially operationalised the Past Risk and Return Verification Agency (PaRRVA). This framework is designed to bring transparency and standardization to how Investment Advisers (IAs) and Research Analysts (RAs) showcase their track records […]

May 27, 2026
Understanding Circulars

Discontinuation of Investor Risk Reduction Access (IRRA) platform

Category Details Title / Headline Discontinuation of Investor Risk Reduction Access (IRRA) platform Circular Reference No. HO/38/44/12(3)2025-MIRSD-TPD1/I/10705/2026 Issuing Authority Securities & Exchange Board of India (SEBI) Effective From May 07, 2026 Purpose SEBI has announced the immediate discontinuation of the Investor Risk Reduction Access (IRRA) platform. Originally launched in 2023 as a “safety net” for […]

May 27, 2026
Understanding Circulars

Norms for sharing and usage of price data for educational purposes

Category Details Circular Reference No. HO/47/17/12(11)2025-MRD-POD3/I/11107/2026 Issuing Authority Securities & Exchange Board of India (SEBI) Effective From July 01, 2026 Purpose SEBI has revised the rules regarding how market price data can be shared and used for educational purposes. This update aims to find a “middle ground” between preventing the misuse of near-real-time data for […]

May 27, 2026
Understanding Circulars

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Understanding Circulars

Enhancement in Market Timing at NSE IFSC – Update

Review of Client Position Limits and Penalty Provisions in Commodity Derivatives Segment

NSE IFSC Market Timing Enhancement – Effective Date

Enhancement in Market Timing at NSE IFSC

Introduction of Closing Auction Session (CAS) in the Equity Cash Segment and certain modifications in the Pre-Open Auction Session

NSE IFSC Discontinues U.S. Stock Depository Receipts Programme

Operationalisation of Past Risk and Return Verification Agency (“PaRRVA”)

Discontinuation of Investor Risk Reduction Access (IRRA) platform

Norms for sharing and usage of price data for educational purposes