Jefferies expects Sensex weekly options on BSE to match Nifty’s scale by FY29, driven by strong derivatives growth. However, it warns that much optimism is already priced in, citing valuation concerns, regulatory risks and heavy reliance on a single product. …

The index spent the morning session pinned in a narrow band, with heavy options open interest at the 24,100 Call and 24,000 Put levels keeping participants cautious