Nifty still below 8100, Sensex firm; Axis Bank, Coal India up 2%

With an aim to ease trading requirements, markets regulator Sebi yesterday relaxed the combined futures and options position limit of stock brokers, FPIs and mutual funds in equity derivatives to 20 percent of the applicable Market Wide Position Limit. Speaking to CNBC-TV18 Mrugank Paranjpe, MD, MCX said that he believes the final contours for options trading from SEBI might come in 2 weeks. “It is just the question of getting a broad consensus and everybody wants to make sure the product is correct in terms of design. Weighing these two is what is taking time,” he said. 12:30 pm Breaking: Sources tell CNBC-TV18 the Cabinet today approved the ordinance related to the withdrawal of old Rs 500 and Rs 1000 notes.

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