Unusual Activity in F&O

There seems to be unusual activity in F&O today 10th July 2017, due to SEBI Ban on FPIs naked derivatives exposure.

http://www.thehindubusinessline.com/markets/stock-markets/sebi-bans-pnote-on-derivatives/article9755000.ece

Nifty Premium is at 48 points for 18 days is also unusual.

Beware of sharp fall in premium.

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SEBI has not barred FPI frm derivatives. P-notes hv been barred. P-notes route is different than FPI route. SEBI wants P-notes to come through FPI route.