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IPO
Steel firms plan Rs 4K-cr IPO in next 12-18 mths
Markets
Sebi asks trustees to make periodic disclosures on securitised exposures
Sebi eases BSDA rules to reduce compliance burden
No changes in existing rules for short selling: Sebi
SMC Bill caps Sebi’s inspection, probe powers at 8 years
Sebi ups efforts to deepen investors’ participation in capital markets
Banks
Govt to divest 6% stake in BoM
Further uptrend possible from current levels
Market is largely positive
Rupee
Rupee Soars 25ps To 85.49/$
Short-Term Market Outlook Turns Bullish
Traders Awaiting A Breakout In Either Direction
