SEBI’s chairperson announced that the regulator is in the final stages of approving the National Stock Exchange’s long‑awaited public offering, with a no‑objection certificate expected very soon.
During a conversation with a news agency, SEBI chairman Tuhin Kanta Pandey said the agency is "at a very advanced stage" of issuing the NOC for the NSE IPO, possibly within the month. While he did not give a firm date, the comment signals a clear move toward green‑lighting the listing.
These actions were taken after the exchange’s earlier draft prospectus in 2016 was stalled due to alleged misuse of its algorithmic trading platform.
The regulator is also tightening oversight of digital platforms. More than 100,000 pieces of misleading content have been taken down from social media in recent months, using an AI‑driven tool called AI Sudarshan that spots illegal market‑related posts.
Investors are urged to use SEBICheck before sending money, as fraudsters often misuse SEBI’s name and logo.
SEBI does not plan immediate changes to derivatives rules. The regulator is reviewing data from measures introduced between October 2024 and December 2025 before deciding on any next steps.
Gold exchange‑traded funds (ETFs) continue to operate smoothly, whereas electronic gold receipts (EGRs) have faced some operational hiccups.
Remember, this is perspective, not a prediction. Do your own research and consider your personal financial situation before making any investment decisions.
Download the TradeKaizen app to practice F&O trading with real-time market data anytime, anywhere.
Get it on Google PlayConnect with fellow traders, share strategies, and improve your trading skills in our Telegram group.
Join TelegramIndian markets are wobbling, but the Nifty 50 managed to end higher on Monday, hinting at a possible bounce. Market Snapshot The Sensex rose 301.93 points (0.36%) to finish at 83,878.17, while the Nifty 50 gained 106.95 points (0.42%) to close at 25,790.25. The rise came after renewed optimism about a potential India‑US trade deal. Nifty 50 Outlook Technical analysis shows a bullish candle with a long lower shadow, suggesting buying interest at lower levels. The index needs to stay above 25,800 to aim for 25,950 and then 26,150. Support levels are around 25,650 and 25,500. Bank Nifty Outlook Bank Nifty climbed 198.95 points (0.34%) to end at 59,450.50. It formed a small bullish candle with buying seen near the lower zones. For further upside, the index must clear the 59,550 level, targeting 59,750 and eventually 60,000. On the downside, support sits near 59,250 and 59,000. Top Stock Picks for Today (13 Jan 2026) Alkem Laboratories – BuyTarget: ₹6,200 Stop‑loss: ₹5,700The stock broke out with a strong bullish candle and a confirming MACD crossover. IndusInd Bank – BuyTarget: ₹970 Stop‑loss: ₹875Price is retesting a breakout zone and has bounced off its 20‑day EMA, supported by a rising RSI. Coal India – BuyTarget: ₹460 Stop‑loss: ₹418A clear "pole‑and‑flag" pattern points to continued upside, with a strengthening ADX. What to Watch Option data suggests the Nifty may trade between 25,400 and 26,200 in the near term, with a tighter range of 25,600‑26,000. Keep an eye on global tariff talks and geopolitical news, as they can sway market sentiment. Disclaimer These insights are based on individual analyst opinions, not a guarantee of future performance. Remember, this is perspective, not prediction. Do your own research or consult a certified advisor before making any investment decisions.
The Narmadesh Brass Industries IPO starts on Monday and shows a zero grey market premium, suggesting investors expect the shares to open close to the issue price. What a zero GMP means A grey market premium (GMP) is the extra amount investors are willing to pay for shares before they officially list. A zero GMP indicates that the market does not expect a big jump in price on the listing day. Key details of the IPO Issue price: Rs 515 per share Total size: 8.71 lakh shares (about Rs 45 crore) Fresh issue: Rs 36.1 crore Offer for sale: Rs 8.8 crore Listing platform: BSE SME Subscription period: Monday to Thursday Listing date: 20 January Who can invest and how much to put in The lot size is 240 shares. Retail investors must apply for at least two lots (480 shares), which costs Rs 2,47,200. About 47.4% of the issue is reserved for retail and non‑institutional investors, while 5.2% goes to the market maker. About Narmadesh Brass Industries Based in Jamnagar, known as India’s “Brass City,” the company makes brass billets, rods, valves, plumbing fittings, agricultural sprayer parts, and custom‑machined components. It runs an integrated plant with casting, forging and machining all done in‑house, helping it control quality and delivery times. How the money will be used The proceeds will mainly be used to: Repay or pre‑pay borrowings of about Rs 14.5 crore Fund working‑capital needs Buy new machinery Cover general corporate expenses Disclaimer Remember, this is just information, not a recommendation. Do your own research before making any investment decisions.
Avana Electrosystems' upcoming IPO is creating buzz, with the grey market showing a premium of roughly Rs 24 per share, suggesting a potential 40% jump over the issue price. Key IPO Details Issue price band: Rs 56‑Rs 59 per share Grey‑market premium (GMP): about Rs 24 per share Expected listing price: around Rs 83 per share Total raise: ~Rs 35 crore Listing platform: NSE SME Subscription window closes: Jan 14 Shares start trading: Jan 19 Issue Structure The IPO includes a fresh issue of 0.52 crore shares (≈Rs 30.5 crore) and an offer‑for‑sale of 0.08 crore shares (≈Rs 4.7 crore). The lot size is 2,000 shares, meaning the smallest retail order is 4,000 shares (≈Rs 2.36 lakh). High‑net‑worth investors need to apply for at least 6,000 shares (≈Rs 3.54 lakh). Allocation Snapshot Qualified institutional buyers (including anchor investors): 47% Retail investors: 33% Non‑institutional investors: 14.5% About Avana Electrosystems Founded in 2010 and based in Bengaluru, Avana designs and builds custom control and relay panels for power transmission and distribution. Its products cover voltages from 11 kV to 220 kV and include protection relays, sub‑station automation panels, and related equipment. Recent Financial Performance FY 2025 revenue: Rs 62.9 crore (up from Rs 53.3 crore in FY 2024) FY 2025 profit after tax: Rs 8.31 crore (up from Rs 4.02 crore) Q1‑Q2 2025 revenue: Rs 36.3 crore Q1‑Q2 2025 profit: Rs 5.61 crore Planned Use of IPO Proceeds Set up an integrated manufacturing unit (civil, electrical, plumbing): Rs 11.6 crore Working capital requirements: Rs 8.4 crore Remaining funds: general corporate purposes Market Makers and Advisors Asnani Stock Broker is the market maker. Indcap Advisors acts as the book‑running lead manager, and Integrated Registry Management Services is the registrar. Investor Takeaway The strong grey‑market premium points to investor optimism, but remember that GMP figures are unofficial and can change quickly as the subscription period ends. Retail investors should weigh the company’s growth story against the inherent risks of SME listings. Remember, this is perspective, not a prediction. Do your own research before investing.