No. Swaps are complex and unregulated for retail clients. SEBI does not permit stock brokers to offer swap trading to retail investors in India. However, institutional clients may use them…

Equity swaps are used to: Gain exposure to a stock or index without owning it physically Hedge equity portfolios Rebalance or diversify portfolios across geographies Implement arbitrage strategies

Example: Party A agrees to pay Party B the return on the Nifty 50 Index over 6 months. Party B agrees to pay Party A a fixed 6% annual interest…