Biswanath Mohapatra

ଜଗନ୍ନାଥ ସ୍ୱାମୀ ନୟନ ପଥ ଗାମୀ ଭବତୁ ମେ
Passionate lover of creation & creator
Agriculturist

[Ajay Bagga @Ajay_Bagga]

India has replaced Indonesia as Asia’s least-preferred stock market in a survey of fund managers by Bank of America Corp., signaling growing caution toward a market that’s among the world’s worst performers this year.

https://t.co/waVgFHIUcF

[Biswanath Mohapatra @bnm_ag]

@DhanHQ Please provide a link to download the dashboard data in csv or excel at any instant, or design to calculate a probable index price taking into account the weightage & reference price of stocks in major indices, it will be a great help to fno traders

[Biswanath Mohapatra @bnm_ag]

@thesanjay15 Very nicely presented, thanks

[Kundan Prajapati @ScholarTrading]

Sensex straddle opened around ₹1,070.

After almost 5 hours of trading, it is still around ₹1,030.

That’s barely 4% decay despite almost the entire trading session passing.

Is this the new normal after CAS?

Theta decay - one of the core edges of option selling - is slowly becoming a joke. 🤡

If option premiums refuse to decay normally during the day and then behave randomly near the close, what exactly is a positional option seller supposed to manage?

#RollBackCAS

[Kundan Prajapati @ScholarTrading]

I request each and every trader to retweet this and spread it at the maximum possible level.

Over the years, we have adapted to multiple regulatory changes that made trading more difficult for retail participants and reduced the ease of doing business. We adjusted our strategies, absorbed the costs, suffered losses, and still found ways to survive.

But this time, NO.

CAS directly impacts the way many professional and positional traders manage their business, execution, risk, and overnight positions.

Saanp bhi mar jaye aur lathi bhi na tute - it feels like traders are being pushed out without directly saying that trading should be stopped.

Please retweet this at a mass level.

For once, the entire trading community needs to speak in one voice.

Twitter should be flooded with one message: ROLL BACK CAS.

#RollBackCAS

[Biswanath Mohapatra @bnm_ag]

@adigitalblogger SEBI should clarify it to public & finance Minister should intervene in the matter

[Biswanath Mohapatra @bnm_ag]

@GeniResearch Exactly, have you ever seen any such type of chart in any underlying in world, It is distorting the entire indicators, it should be analysed and rectified at the earliest. Most unfortunate event in the history of stock market

[Biswanath Mohapatra @bnm_ag]

@GeniResearch The entireday nifty futures traded in premium, but closed in discount, this is not fair to retailers, please focus on this issue during live, the options are not decaying, suddenly spiking, this must be addressed by sebi, not at all trader friendly

[Biswanath Mohapatra @bnm_ag]

@GeniResearch No doubt markets should evolve & implement new rules, but since two days call writers are suffering, i think this happens due to low liquidity in cas, the institutional investors are buying heavily in nifty stocks during cas, they might have bought heavily in ce, this is not fair

[Kundan Prajapati @ScholarTrading]

What the hell is happening to the Indian stock market?

Dear @SEBI_India & @NSEIndia @BSEIndia

How many times do you expect traders to rebuild their entire business?

> December 2020 – 50% leverage removed
> March 2021 – 75% leverage removed
>September 2021 – 100% leverage removed

We adapted.

Yes, leverage is a double-edged sword. But thousands of genuine traders with smaller capital were affected. Still, we adapted.

> September 2023 – Bank Nifty expiry was shifted from Thursday to Wednesday, while BSE launched Sensex weekly expiry on Friday. Suddenly, we had expiries almost every trading day.

Many traders, especially algo and 0-DTE traders, redesigned their entire systems.

We adapted.

> November 2024 – Weekly expiries of FinNifty, Bank Nifty and other indices were removed. Only Nifty and Sensex weekly expiries remained.

Again, thousands of traders had to change their strategies.

We adapted.

> February 2025 – Expiry-day margin benefit was removed.

STBT traders were hit badly.

We adapted.

> 1st September 2025 – Nifty expiry shifted from Thursday to Tuesday.

Again...

We adapted.

> Jane Street reportedly made billions of dollars from Indian markets over the years. Later, regulatory action was taken, and subsequently trading restrictions were lifted after payment of regulatory dues/settlement.

How exactly did all of this benefit Indian retailers?

Meanwhile...

- Option STT has increased massively over the last few years.
- Bid-ask spreads have widened.
- Slippage has increased.
- Global volatility has increased.
- Transaction costs keep rising.

We adapted to everything.

And now...

Closing Auction Session (CAS).

Seriously?

Every few months there's another structural change.

Every few months traders are forced to rebuild their systems.

Every few months liquidity takes another hit.

You say these changes are for retail investor protection.

Then please show us the data.

Can you show even one report proving that retail trading losses have actually reduced because of all these interventions?

If not, then what exactly are these constant changes achieving?

Instead of making markets more efficient, you're making trading more expensive, more complicated, and pushing serious traders towards crypto and international markets.

As a full-time trader, my inner soul genuinely cries today seeing the direction our markets are heading.

We survived leverage removal.

We survived daily expiries.

We survived removal of daily expiries.

We survived expiry changes.

We survived removal of expiry margin benefits.

We survived higher STT.

We survived wider spreads and slippage.

Now we are expected to survive CAS as well?

Enough is enough.

I request SEBI and the exchanges to reconsider this rule.

Before implementing such major structural changes, consult the trading community. There should be proper communication, public discussion, and representation from active traders.

I also request every trader to raise their voice through the proper channels. If you genuinely believe these changes are hurting market participants, please send your feedback or complaint to SEBI through its official grievance mechanism. And if anyone from the industry has a direct channel to the exchanges or regulators, please help convey the concerns of the trading community.

Please Retweet this so our voice reaches the right people.

Enough of silent adaptation. It's time the trading community is heard.

@AnilSinghvi_ @_anujsinghal @SarangSood @PRAFULKULKARN18 @adigitalblogger @iarjuntandon @JayneshKasliwal @sunilgurjar01 @piyushchaudhry @SantoshPasi @RakeshPujara1 @TanmayKurtkoti @justnottamomma @AshishGupta325

[Biswanath Mohapatra @bnm_ag]

On this sacred occasion of #GuruPurnima, I bow with gratitude to every Guru who has shaped my journey.

From my parents and teachers to mentors, books, and even my work that taught me through failures—each lesson made me stronger, wiser, and more disciplined.

Jay Jagannath 🙏

[Narendra Modi @narendramodi]

My address to the nation. https://t.co/OmgbHSmhsi

[Arabinda K Padhee @arvindpadhee]

Deeply saddened on the passing of Smt Kamala Pujari. The bare-foot Scientist will continue to inspire generations for in-situ conservation of traditional crop varieties. I knew her since my days as Collector, Koraput. Pic: We were privileged to host Kamala Maa at our official residence in Delhi, after she was honored with the Padmashri by Hon President in 2019.

[Biswanath Mohapatra @bnm_ag]

@MuskUniverseUsa 2452839

[Odisha University of Agriculture & Technology @OdishaUniversi1]

First time Tulasi twigs(50 kg) & Lotus(100 no.s)were sent to Puri Jagannath Temple & Maa Laxmi Temple from KVK(OUAT), Puri for offerings to deities on 07.06.24. Every Thursday it will be sent to temple. Prof. P. K. Roul, Hon'ble Vice Chancellor, has congratulated the team.

[Arabinda K Padhee @arvindpadhee]

#ReUp
2019 General Elections

[Biju Janata Dal @bjd_odisha]

Party President and CM Shri @Naveen_Odisha has appointed several leaders to the Manifesto Committee, which will hold discussions with multiple sectors of society, in different areas & among various age groups, and prepare a manifesto. The manifesto will lead to transformation towards a #NewOdishaEmpoweredOdisha. #BJDWithOdisha

[Odisha University of Agriculture & Technology @OdishaUniversi1]

Ministry of Agriculture & Farmers Welfare,GoI has notified two crop varieties of rice developed by OUAT, Bhubaneswar;Mahendragiri(OUAT Kalinga Rice 10) and Chandragiri(OUAT Kalinga Rice 9). Prof. Pravat K. Roul, Hon'ble Vice Chancellor, OUAT congratulated the breeders & the team.

[Arabinda K Padhee @arvindpadhee]

"You are strong when you know your weaknesses. You are wise when you learn from your mistakes."

[LAccMI @LAccMI_Odisha]

ଓଡ଼ିଶାର ୧୨ଟି ଜିଲ୍ଲାରୁ ପୁରୀ ଧାମକୁ ପରିବହନ ସେବା ଯୋଗାଉଛି ଶ୍ରୀ ଜଗନ୍ନାଥ ଏକ୍ସପ୍ରେସ୍

ଖୁବଶୀଘ୍ର ସମସ୍ତ ୩୦ଟି ଜିଲ୍ଲାରୁ ଏହି ସେବାର ହେବ ଶୁଭାରମ୍ଭ ।

#JagannathExpress
#ଗତିଶୀଳ_ଓଡ଼ିଶା_ନବୀନ_ଓଡ଼ିଶା