I think the sebi rule which would try to link the exposure limit to their ITR could be challenged in high court/supreme count, as it is very against the basic financial freedom of a person. I dont think such draconian rules are present in any parts of the world.
Second thing, lot size in US like E mini are not that much big. 1 emini lot can be taken intraday at a margin of just $500(₹32000). As per per capita income of US, this margin is quite less. So, their lot size is quite justifiable. But, in India, per capita income is quite less, the lot size should not be kept exorbitantly high.
Second thing, lot size in US like E mini are not that much big. 1 emini lot can be taken intraday at a margin of just $500(₹32000). As per per capita income of US, this margin is quite less. So, their lot size is quite justifiable. But, in India, per capita income is quite less, the lot size should not be kept exorbitantly high.