What new ETFs norms to come into effect from the 7th in 2026?

SEBI has introduced significant changes to the rules governing base prices, pre-open auctions, and price bands for ETF investments. Designed to protect investors and regulate excessive market volatility, these new regulations will come into effect on September 7.

Changes to base price and pre-open auction rules

Change in base price: Previously, the Net Asset Value (NAV) from two days prior served as the base price. Going forward, the average market price during the last 30 minutes of the previous trading day will be considered the base price. In the event that no trading occurred, the last traded price or the NAV will be taken into account.

Equity and Debt ETFs: The price band, previously set at 20 percent, will now be reduced to an initial 10 percent. Once the 10 percent limit is reached, a 15-minute 'cooling-off' period will follow, after which the band will be expanded by an additional 5 percent in the direction of the price movement.

Gold and Silver ETFs: The initial price band for these ETFs has been set at 6 percent. "In line with international price fluctuations, the price band will be expanded in a phased manner—by 3 percent—following a 'cooling-off' period."

New Pre-Open Mechanism: Since gold and silver prices in international markets fluctuate even during the night, a 'pre-open' auction mechanism—similar to the one used for equities—is being introduced for Gold and Silver ETFs for the first time to determine an accurate opening price.

Close-out Procedure: In the event of a failure to deliver units during 'Overnight' and 'Liquid' ETF trading, the settlement price will be calculated based on either the highest price recorded during the settlement period or the final price plus a 5 percent premium—whichever is higher.

Uniform Price Band: To avoid price discrepancies between the NSE and BSE, if the price band is expanded on one exchange, the same band will be immediately implemented on the other.

These changes will ensure that ETF prices remain closely aligned with their actual value. Therefore, rather than buying at the prevailing market price, it is safer for investors to use 'limit' orders and make investment decisions based on the asset's value.

Comments

At one time, the tax rate in India was 97.50

Many feel that foreign countries tax the rich very heavily and India does not. But did you know that at one time India had to pay 97.50 percent of income tax? Indira Gandhi What is the historical tax rate in India Debates such as distribution of wealth and introduction of inheritance tax have arisen and are currently being discussed in a frenzy. But, in our country, 50 years ago, maximum tax was collected up to 97.50 percent. There was such a period in India. During Indira Gandhi's tenure as Prime Minister, income tax in India was as high as 97.50 percent. However, this collection came to an end shortly after. Indira Gandhi saw taxation as an important mechanism to balance income and wealth. Based on this, in February 1970, he presented the budget in Parliament and addressed it. Social welfare was the theme of the budget. Since the green revolution was taking place, various announcements related to the agriculture sector were included in the budget. A huge sum...

Emmvee Photovoltaic Power Share Price Target 2030: Is It a Buy?

The renewable energy sector, particularly the solar energy segment, is growing rapidly. If you are looking for long-term growth opportunities in this sector, 'Emmvee Photovoltaic Power' is a company that warrants your attention. Based on recent market studies and financial reports, we outline the company's key operational metrics here and analyze why market analysts recommend it as an excellent long-term investment. Emmvee Photovoltaic Power: Key Stock and Market Metrics As of July 16, 2026, the company’s stock boasts strong fundamentals, supported by robust operating profit margins and excellent capital utilization. Metric | Details / Statistics Current Share Price (as of 16.07.2026): ₹365.35 Market Capitalization: ₹24,696 Crore Analyst Recommendation: Buy Recommended Investment Horizon: 5 years Expected Target Price (by 2030): ₹628.00 A Detailed Look at Financial and Valuation Ratios To understand why analysts are confident that Emmvee Photovoltaic Power will reach a targ...

India will be the global gold price setting body

New Delhi: India is planning to become a gold price setter, the Chamber of Commerce of India said at a gold and gemstone conference. The industry said at the event, Gold price India will emerge as a country that sets gold prices India is a global gold price s etter. Instead, it should become a gold price setter. Domestic mining will help in this. Domestic production will meet 20 percent of the country's gold demand in the next decade. Due to insufficient domestic gold production and the lack of a gold banking system, we have to depend on the London market price. In the next 2-3 years, India will emerge as the world's jewelry hub. Gold and jewelry purchases should be honest and transparent. The Indian Standards Institution plays a key role in determining the quality of gold. Similarly, the OECD and London Bullion Market Association standards can also be adopted or equivalent standards can be developed. Similarly, the ban on the export of 24-carat gold from India h...

22k jewelers

Search This Blog