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Mini contracts with Rs 1-lakh lot size get nod

Our Bureau

Mumbai, Dec. 27 SEBI, in a notice on Thursday stated that they would introduce a mini derivative contract with a minimum contract size of Rs 1 lakh at the time of introduction in the markets.

The contract will start on both the Sensex and the Nifty.

The risk containment and other measures applicable for existing exchange traded equity index derivatives contracts will be applicable to the mini derivative contracts.

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