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Sebi chairman Tuhin Kanta Pandey on Monday said retail investors should avoid speculative trading in derivatives, underscoring the risks associated with these products.“Sebi studies have consistently shown that retail investors trading in derivatives end up facing losses, often because they do not fully understand the risk in these products,” Sebi chairman Tuhin Kanta Pandey said at the World Investor Week 2025 event organised by NSE.“Individuals should examine whether they seek to build long-term wealth or want to engage in speculative, short-term trading…Derivatives are meant for hedging and risk management, not for quick gains. Retail investors should therefore assess their risk capacity, learn how these contracts work, and avoid speculative trades,” he added.Increased access, simplified on-boarding, and wider awareness has led to the number of unique investors in the securities market ecosystem increasing to 13.4 crore, Sebi data shows.A recent survey commissioned by Sebi reveals that 63% of Indian households (21.3 crore households) are aware of at least one securities market product. However, the actual participation stands at 9.5% of households (3.2 crore households).The Sebi chief highlighted that only 36% of investors possess high or moderate knowledge of the securities market. This knowledge gap is a vulnerability that exposes investors to risks and makes them susceptible to fraud, he said.Pandey said that while Sebi can provide the tools, the ultimate shield for investors is to be smart through responsible investing.“A smart investor relies on credible, verified sources, and ignores unsolicited offers on social media,” he said.In the last 18 months, over 1 lakh unlawful contents have been removed from various social media platforms after Sebi raised concerns about misleading content with companies like Google and Meta.

Shares of Advanced Micro Devices (AMD) surged 38% to hit a high of $226.70 on Nasdaq after the company announced about a 6 gigawatt agreement with OpenAI to power latter’s next-generation AI infrastructure across multiple generations of AMD Instinct GPUs. The first 1 gigawatt deployment of AMD Instinct MI450 GPUs is set to begin in the second half of 2026.Under this definitive agreement, OpenAI will work with AMD as a core strategic compute partner to drive large-scale deployments of AMD technology starting with the AMD Instinct MI450 series and rack-scale AI solutions and extending to future generations, a company filing to the exchanges said."By sharing technical expertise to optimize their product roadmaps, AMD and OpenAI are deepening their multi-generational hardware and software collaboration that began with the MI300X and continued with the MI350X series. This partnership creates a true win-win for both companies, enabling very large-scale AI deployments and advancing the entire ecosystem," the release said.The price action was accompanied with strong volume action as 123.28 million shares were trading on the Nasdaq 10:18 AM ET (7:48 pm India time).As part of the agreement, to further align strategic interests, AMD has issued OpenAI a warrant for up to 160 million shares of AMD common stock, structured to vest as specific milestones are achieved. The first tranche vests with the initial 1 gigawatt deployment, with additional tranches vesting as purchases scale up to 6 gigawatts. Vesting is further tied to AMD achieving certain share-price targets and to OpenAI achieving the technical and commercial milestones required to enable AMD deployments at scale.Commenting on the development, AMD's Chair and CEO Lisa Su said that the company is thrilled to partner with OpenAI to deliver AI compute at "massive scale". "This partnership brings the best of AMD and OpenAI together to create a true win-win enabling the world’s most ambitious AI buildout and advancing the entire AI ecosystem," Su said.Meanwhile, the headline index Nasdaq Composite was trading at 22,891, gaining 110.48 points or 0.49% over the previous closing.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Indian billionaire Gautam Adani's flagship firm is slated to raise up to 10 billion rupees ($112.6 million) through the private placement of two-year and six-month bonds, two bankers said on Monday, marking its first such fundraising since 2023. The company will pay a semi-annual coupon of 8.70% on the issue and has invited commitment bids on Tuesday. The bonds will be placed directly with investors, with large mutual funds seen as likely buyers. Adani Enterprises did not immediately respond to a Reuters request for comment. The bankers declined to be named as they are not authorised to speak to the media. The notes are rated AA- by ICRA and follow a retail bond sale conducted three months ago. Adani Enterprises raised 10 billion rupees in July via a public issue of two-, three- and five-year bonds at coupons of 8.95%-9.30%, after raising 7 billion rupees through three-year paper at 10% in October 2023. Last month, India's markets regulator, the Securities and Exchange Board of India, dismissed some of the allegations of stock manipulation against Gautam Adani and his group of companies made by U.S. short-seller Hindenburg Research in 2023. SEBI is still looking into more than a dozen allegations on the group and its offshore funds that they broke securities regulations, sources had told Reuters. While the conglomerate denied wrongdoing, the accusations led to a $150-billion sell-off of the group's stock. Shares have since recovered and the group has regularly dismissed all allegations. ($1 = 88.7800 Indian rupees)