"Derivatives are an integral risk management tool for business entities and financial institutions. However, derivative markets can also lead to excessive and opaque risk taking, which may result in systemic risks, especially so in the context of the over-the-counter (OTC) derivative markets," the central bank said in a notification this evening.
Speaking to CNBC-TV18, Anup Bagchi of ICICI Securities says that the markets had already anticipated that Samajwadi Party would secure 180-185 seats at the upper end.