The price of SGB is based on the simple average of the closing gold price of 999 purity of the previous three business days from the date of redemption as published by the India Bullion and Jewellers Association Ltd (IBJA). In this case, the three business days are between December 13 and December 15.
Jefferies says Sebi’s proposed CAS changes will remove uncertainty, but still remains negative on BSE. Here’s why
Jefferies expects Sebi’s proposed CAS changes to reduce expiry-day volatility and uncertainty but remains negative on BSE shares, citing limited options-industry growth, a ceiling in
September 14, 2026