Business news · Policy & Regulation · 24 Sept 2026
SEBI's board met on September 24 and approved: - new Portfolio Managers Regulations, which allow PMS money into IPOs, foreign securities and up to 10% in unlisted debt, plus a Rs 25 lakh route into mutual funds - formula-based settlement rules - a common advertisement code for intermediaries - access for foreign portfolio investors to non-agricultural index and non-cash-settled commodity derivatives - a framework for depository receipts on REITs and InvITs - a wider accredited-investor framework
These are rule changes for capital-market intermediaries, not one-off events. Portfolio managers, wealth platforms and AMCs get a wider product set. Commodity exchanges get a potentially larger pool of participants now that FPIs can trade non-agricultural commodity derivatives. Listed REITs and InvITs get easier unitholder approvals and a route to foreign capital through depository receipts. Brokers and AMCs that advertise operate under the new common code. Any revenue effect builds up gradually and depends on adoption.
Reported by SEBI — “PR No.59/2026 Key decisions taken in the SEBI Board Meeting dated 24th September, 2026” ↗ on 24 Sept 2026.
NSE stocks, from the last close on or before 24 Sept 2026 to the close on 16 Oct 2026.
| Sector | Stocks | Median move | Up | vs all stocks |
|---|---|---|---|---|
| Financial Services | 125 | -3.0% | 30 of 125 | +0.7 pts |
| Realty | 17 | -5.1% | 3 of 17 | -1.4 pts |
| All tracked stocks | 804 | -3.7% | 215 of 804 | — |
US inflation is running more than one percentage point above the Fed's 2% goal, and the minutes keep a further increase on the table without naming a meeting. Market pricing, as reported, points to no change in October…
A company's first result after listing is the first set of numbers that was not in its prospectus, and for these four it produced moves of 3% to 20% in a day in opposite directions. The results are for April-June, a…
The close shows where a higher policy rate was priced first: capital-heavy metal producers (Hindalco, JSW Steel, Tata Steel) and borrowers' purchases such as vehicles and homes, where loan costs feed straight into…
The split shows where the market places the cost of dearer money: on businesses whose sales depend on financed purchases (vehicles, homes) and on non-bank lenders that borrow wholesale, rather than on banks, whose…