Over 300 stocks, including JSW Steel and NTPC, reached one-year highs on BSE, even as Sensex and Nifty 50 declined 1%. SEBI approved IPO plans for Swiggy, Hyundai Motor India. India’s current account deficit widened to 1.

India’s red-hot market for initial public offerings is set to face is biggest supply of mega share sales after the market regulator approved proposals from Hyundai Motor India Pvt., Swiggy Ltd. and Vishal Mega Mart Pvt.

SEBI issued observation letter to Swiggy, and Hyundai Motor India on September 24; Vishal Mega Mart got it on September 25

Today’s SEBI board meeting assumes importance as it is the first board meeting since the Hindenburg Research and Congress’ recent allegations of ‘conflict of interest’ against its chairperson Madhabi Puri Buch and her husband Dhaval Buch.

On the agenda are discussions surrounding tighter norms for Futures Options (F O) trading, the introduction of a 'New Asset Class,' and the much-anticipated mutual fund lite regulations.

The Securities and Exchange Board of India (SEBI) is set to convene for a board meeting on Monday (September 30) in what promises to be a significant session. This development comes amid heightened attention following allegations raised by Hindenburg Research against SEBI Chairperson Madhabi Puri Buch regarding conflicts of interest and internal employee grievances.