In a move to bolster market integrity and risk management in the equity derivatives segment, the Securities and Exchange Board of India (SEBI) has introduced a comprehensive framework for intraday position limits monitoring for index options.

This development follows a consultation paper released by the regulator in February 2025, which proposed delta-equivalent position limits for index options to enhance trading convenience and strengthen surveillance mechanisms.  Under the new framework, each entity will be subject to an intraday net position limit of INR 5,000 crore on a FutEq basis After receiving feedback from market participants and holding deliberations with the Secondary Market Advisory Committee (SMAC) and Market I