The mutual fund industry remains concerned about the potential impact on profitability due to the new proposals, as well as on distributor commissions. Industry insiders said that if profitability is hit, fund houses may reconsider expanding their branch networks.
Finding lapses in maintaining net worth and due diligence failures in the Jayant Infratech IPO, SEBI barred the merchant banker for 21 days. The regulator termed the violations substantive, citing weak verification and disclosure practices.
T+0 settlement was introduced for faster liquidity so that investors can get their money or shares on the same day. It also reduces the counter party risk or chance of default because settlement is immediate.
SEBI has allowed Investment Advisers to charge up to 2.5% per annum for providing a second opinion on assets under existing distribution arrangements. Advisers must obtain annual client consent and disclose that clients will also bear distributor-related costs.
The move, SEBI said, is part of its broader effort to balance investor protection with operational ease for intermediaries, while ensuring transparency and credibility in the advisory and research ecosystem.
SEBI has set deadlines for exchanges to align BANKNIFTY, FINNIFTY, and BANKEX with new diversification norms for derivative eligibility.
BANKEX and FINNIFTY must comply by Dec 2025, while BANKNIFTY will adjust in phases until Mar 2026.
Stock Market LIVE Updates: Among sectoral indices, Nifty Private Bank was the biggest loser, down 0.7 percent, followed by Nifty Pharma, Nifty IT, and Nifty Bank, which fell 0.6 percent each. Nifty Metal, PSU Bank, Auto, and FMCG indices were also down 0.5 percent each.
For the year so far, FIIs have been net sellers of shares worth Rs 2.31 lakh crore, while DIIs have net bought shares worth Rs 6.18 lakh crore.
CERC cited Power Market Regulations, along with Section 128 of the Electricity Act, 2003, to justify a formal probe into GNAEPL’s conduct.
For the year so far, FIIs have been net sellers of shares worth Rs 2.28 lakh crore, while DIIs have net bought shares worth Rs 6.13 lakh crore.
SEBI has proposed removal of statutory levies like Securities Transaction Tax (STT), GST, etc. to be excluded from Total Expense Ratio (TER) limits.
MCX had informed market participants in the morning about a glicth but it took more than four hours to shift to DR site and normalise the operations. Sebi has now sought details of the glitch from exchange.
The S&P 500 rose almost 1% as Chinese and US trade negotiators have lined up an array of diplomatic wins for Donald Trump and Xi Jinping to unveil at a summit this week
Sebi had received inputs from various stakeholders requesting to review and increase the threshold for identification of HVDLEs and ease norms related to corporate governance and related party transactions.
SEBI has proposed to permit issuers to offer incentives in the form of higher coupon rate or a discount to the issue price to allottees such as senior citizens, women, armed forces personnel as well as retail subscribers
Sebi and stock exchanges have overhauled the penalty framework for brokers, introducing new categories of violations while retaining stringent measures to protect investors. The revised structure aims to enhance market discipline, curb misuse of client funds, and ensure greater accountability among intermediaries.
SEBI has permitted portfolio managers to transfer their PMS business, fully or partially to another SEBI-registered manager with prior approval. The move simplifies compliance and supports ease of doing business in the PMS industry.
Move likely to spark debate on its merit within the industry
SEBI has penalised 13 individuals and HUFs up to Rs 15 lakh each and barred them from markets for up to three years for front-running trades using non-public information. The regulator said the entities acted on tips from connected persons, earning abnormal profits and distorting market fairness.
Treasuries had also snapped a three-day rally overnight as yields rose across the curve, with the 10-year climbing five basis points to 4%.
SEBI has barred merchant banker First Overseas Capital Limited for two years and imposed a Rs 20 lakh penalty for multiple violations, including false submissions, inadequate net worth, and breach of underwriting norms.
SEBI has proposed easing geo-tagging norms to let NRIs complete re-KYC digitally from abroad, removing the need for physical presence in India. The move aligns with SEBI’s broader efforts to simplify compliance and enhance transparency for foreign investors, including FPIs.
SEBI has noted that some mutual fund folios remain KYC non-compliant due to a sequential verification process where AMCs open folios before final KRA approval. In cases of discrepancies, such folios are flagged until corrections are made and compliance is confirmed.
Brent crude futures were up $2.71, or 4.3%, at $65.30 a barrel at 0841 GMT, while U.S. West Texas Intermediate crude futures were up $2.56, or 4.4%, at $61.06
Both funds failed to disclose their ultimate beneficial owners. SEBI’s investigation later found that Elara and Vespera were owned through three offshore feeder entities
