Sebi chairperson Tuhin Kanta Pandey stated no immediate regulations are planned for equity derivatives, with the current framework to continue. He also indicated that a US-India trade deal would boost investments by removing regulatory overhang and trade frictions. Separately, Sebi proposed exempting market makers’ algorithmic orders from penalties under the order-to-trade ratio framework.
Market rout: 7 of top-10 valued firms see Rs 1.25 lakh crore erosion
The stock continued to remain the most valued listed company in the country despite the decline.