The US-Israel-Iran conflict has significantly boosted India’s power and energy stocks, with Nifty Energy’s market cap rising by Rs 3 lakh crore as Brent crude exceeds $100. Foreign investors are pouring into power generation and transmission, viewing it as a macroeconomic hedge. Companies like Adani Power and BHEL are leading the surge, while oil marketing companies face losses.
Sebi proposes major overhaul of derivatives rules to simplify compliance for exchanges
India’s market regulator Sebi is proposing significant changes to derivatives trading rules. The aim is to make compliance easier for stock exchanges and clearing corporations.