Removal of weekly expiry and introduction of daily expiry

SEBI's weekly expiry removal isn't about protecting retail traders. They're not banning weekly expiries to save you. The weekly expiry removal isn't investor protection, it's currency protection. Here's the real game being played

Look at the FY24 numbers. You lost ₹61,000 crore and FPIs made ₹33,000 crore. That's 3.72 billion US dollars moved out of India in FY-24. SEBI sees this as a dollar drain, not a retail massacre.

Actually RBI cares more about this than SEBI does. When FPIs profit from Indian markets, dollars flow OUT. Many operate from Mauritius/Singapore using tax treaties maximizing their take from Indian retail.

The Jane Street probe? Not random. They're among the biggest winners. When billions exit to offshore accounts, it's a macro issue not just SEBI issue. Indian govt doesnt want this. This could be the primary reason why they want to pull the plug on weekly expiry. When US market is trading with daily expiry why we are banning weekly expiry? This is the reason behind it. Now they are bringing in Daily Expiry in Nifty options through GIFT City. Why?

Its completely closed to retail traders. Only non-residents and institutions can play. The strategy is clear: 

→ Attract dollar inflows from global institutions 

 → Let them trade against each other 

 → Keep retail money in domestic equities/MFs 

 → Stop the forex drain

Dollars come IN when global players trade against each other. Retail money stays in the domestic economy potentially flowing into equities/MFs instead. Who dies? Brokers, Algo platforms, people who manage Funds for others through API. And yes, the 1% of retail traders who were actually profitable. All collateral damage in a macro currency game.

It's a macroeconomic masterstroke disguised as investor protection. Weekly expiries end for you. Daily expiries begin for them. "Protect retail" is the PR line. You're not being protected you're being removed from the equation.

Today's NSE circular just confirmed the same. Weekly expiry removal is now 100% sure. This was never about protecting you from risk. It was about protecting rupees from flight. You're not the beneficiary of this policy. You're the target.