BSE‍‌‍‍‌‍‌‍‍‌ Gained as FM Signals No Shutdown of F&O; CDSL and Angel One Became Volatile

Mumbai, Nov 7, 2025: The Indian equity market saw a mixed bag of results in the initial trading session on Friday. This came after Finance Minister Nirmala Sitharaman had said that the government does not plan to discontinue the Futures and Options (F&O) segment. The decision of the government was warmly welcomed by the markets after a whole week of guessing and worrying about regulations.

Finance Minister’s Remarks to Calm the Market

At the 12th SBI Banking and Economics Conclave held in Mumbai on 6 November, the Finance Minister explained that the government wants to consolidate the derivatives market rather than impose restrictions. She indicated that investors should be aware of the risks involved in F&O trading, but also informed that the department is busy with the removal of bottlenecks and ensuring transparency. Her words were interpreted as an indication that the government would stick to its current policy, which can be seen by the traders and other market players as a relief from the recent turmoil caused by F&O restrictions.

Market and Stock Movement

Shares of BSE Ltd recovered from intraday lows as the market reacted positively to the Finance Minister’s statement, restoring investor confidence. Capital market technology firms CDSL and Angel One experienced a volatile trading range, with small gains and losses as traders assessed the policy impact. Motilal Oswal Financial Services also saw choppy trading, reflecting caution over potential short-term effects of the proposed derivatives regulation.

Regulatory Context and F&O Oversight

The recent changes are largely caused by the rumours of possible changes to weekly options expiries that have been dominating the market. In his statement on October 31, SEBI Chairman Tuhin Kanta Pandey unequivocally pointed out that weekly options cannot end abruptly as they provide an essential service to many market players. He also informed that SEBI is keeping a close eye on the derivatives market from July to September 2025 to spot any unusual trading activities and to ensure the stability of the system. The regulator is unlikely to curb the trading activity completely; rather, he will put in place a set of measures to improve the overall discipline of trading in the market.

Year-to-Date Performance Snapshot

In the first part of 2025, the BSE has gained over 35% in value, driven by strong earnings growth and higher investor participation. Angel One and CDSL indicate cautious investor behaviour amid ongoing scrutiny of F&O flows. Motilal Oswal Financial Services’ stock has remained largely unchanged, reflecting a neutral market stance.

Market Outlook

As of 2:15 pm IST when the BSE shares were on an upward trend, trading 8.94% higher at ₹2,674.90. CDSL and Angel One remained largely flat, showing limited movement. Broader indices were also positive, supported by renewed investor confidence following reassuring government statements. Analysts noted that the government’s firm stance on maintaining the F&O framework could restore short-term market balance, even as regulatory reviews continue.

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