D-Street up on bank, auto boost amid caution ahead of F&O expiry
Indian equity benchmarks rose on Monday, with the Nifty and Sensex gaining 0.6% amid mixed investor sentiment. While optimism surrounded lower US tariffs, renewed negotiation uncertainty loomed. Foreign portfolio investors were net buyers, contributing to the market’s uptick, though the IT sector saw a decline.
Sebi chief Tuhin Kanta Pandey flags big PMS overhaul, to examine new RBI funding rules
Sebi chief Tuhin Kanta Pandey said the regulator plans a comprehensive overhaul of PMS rules to improve suitability, governance, and conduct, while also examining industry representations on the RBI’s new capital-market funding framework. He added that Sebi is also working on oversight for to-be-listed stocks.