The comprehensive overhaul represents SEBI's commitment to maintaining a regulatory framework that evolves with market realities
Indian markets are likely to open flat to cautious, tracking a sharp US tech selloff and weak Asian cues, with Nifty remaining in a consolidation range.
Crystal Crop Protection IPO | The fresh issue comprises of pre-IPO placement amounting to Rs 120 crore.
According to Nilesh Shah of Kotak Mahindra AMC, FII flows are likely to return in 2026 as global rate cycles ease, US growth softens, and doubts grow around overhyped AI trades elsewhere.
Sun Pharma, Power Grid Corp, Tata Steel, Bajaj Auto, Asian Paints were among top losers on the Nifty, while gainers were Interglobe Aviation, Max Healthcare, TCS, Infosys, Tech Mahindra. BSE Midcap index ended flat, while smallcap index fell 0.3%. On the sectoral front, realty index rose 0.3% and IT index rose 1%, while, auto, media, pharma, oil & gas, Capital Goods declined 0.3-1%.
After remaining net sellers for the last 14 sessions, the FIIs turned net buyers on December 17 as they bought equities of Rs 1,171 crore, while DIIs bought equities of Rs 768 crore on the same day
Analysts viewed the stock as to be trading at a 10 to 15% discount to its sum-of-the-parts valuation, largely due to complexity, limited pure-play exposure, and capital allocation opacity.
If the Bank Nifty convincingly breaks 58,800, 58,600–58,500 will be the levels to watch, followed by 58,300. On the higher side, 59,550 can negate the lower high–lower low structure, experts said.
The market may continue to consolidate until it trades above short-term moving averages. Below are some short-term trading ideas to consider.
Stocks to Watch, 18 December: Stocks like HCL Technologies, Cyient, Titagarh Rail Systems, Antony Waste Handling, GMR Power and Urban Infra, KP Energy, Mahindra Lifespace Developers, ISGEC Heavy Engineering, GE Vernova, Ola Electric, One 97 Communications Paytm, AstraZeneca Pharma, and Denta Water and Infra Solutions will be in focus on December 18.
The 25,750–25,700 is expected to be the immediate key support for the Nifty 50; a fall below this zone could drive the index toward 25,500, the crucial support. On the higher side, 25,950–26,050 is expected to be the resistance zone, and sustaining above it could open the door for 26,300, experts said.
Akzo Nobel shares plunged 13.56 percent to close Rs 3,132.7 amid significantly higher volumes after sharp gap-down opening on the NSE.
The regulator also approved changes to how IPO disclosures are presented, requiring a draft abridged prospectus to be made available at the DRHP stage.
During SEBI's latest board meeting, Tuhin Kanta Pandey said, “We don’t want to prescribe one particular model of capital formation.” Therefore, ruling out any near-term move to impose OFS-specific norms.
The board also approved changes to the total expense ratio framework by excluding statutory and regulatory levies such as securities transaction tax, GST, stamp duty, SEBI fees and exchange charges from the base expense ratio. For index funds and exchange-traded funds, the base expense ratio has been fixed at 0.90%, compared with the earlier 1% cap that included levies.
For the year so far, FII/FPIs remain net sellers, having offloaded Indian equities worth Rs 2.79 lakh crore. On the other hand, DIIs have added significant strength to the market, with their cumulative buying reaching Rs 7.48 lakh crore during the same period - the highest ever in a single year.
SEBI has decided to dispense with the requirement for issuance of a Letter of Confirmation (LOC) for investor service requests such as issuance of duplicate share certificates, transmission, transposition, claims from unclaimed suspense accounts and corporate actions.
In the past two straight sessions, Bhavish Aggarwal offloaded more than 1.5 percent stake in the company for Rs 234.17 crore.
Market regulator expects debt issuance incentives to increase retail participation
Neptune Logitek will finalise IPO share allotment by December 18 and its shares will be available for trading on the BSE SME effective December 22.
There is broad agreement on implementing an automated framework to improve the process. Public disclosure of certain employees’ assets and liabilities has been suggested, which raises privacy concerns, says SEBI Chairman
SEBI caps mutual fund brokerage at 6 bps; SEBI OKs excluding all statutory levies from MF base expense ratio
The rupee rose as much as 1%, the most since May 23, to 90.0963 on Wednesday, after closing at a record low in the previous session.
SEBI Chairman Tuhin Kanta Pandey said the first objective of the overhaul of stockbroker regulations was the “active removal of repetitive and redundant provisions” and alignment with other regulatory frameworks. The new regulations are aimed at modernising market practices, simplifying compliance and bringing clarity to evolving trading models.
Airline stocks: There has been disruption during the peak season for air travel, which should create temporary blip in the airline earnings, an analyst said.