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SEBI Pushes Back Retail Algo Trading Framework, Sets Phased Rollout Till April 2026

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SEBI Pushes Back Retail Algo Trading Framework, Sets Phased Rollout Till April 2026


New Delhi: The Securities and Exchange Board of India (SEBI) on Tuesday once again extended the timeline for implementing its framework on “Safer participation of retail investors in algorithmic trading.”  

The regulator said stock brokers will now get more time to comply with the new rules after many brokers and algo vendors requested additional time to make system-related changes.

The framework, which was earlier supposed to come into effect from August 1, 2025, was first postponed to October 1, 2025.

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SEBI has now introduced a phased roadmap for implementation to ensure a smooth rollout.

As per the new schedule, brokers must apply for registration of at least one retail algo strategy through an API by October 31.

They will have to complete registration of retail algo products and some strategies by November 30 and participate in at least one full-fledged mock trading session by January 3, 2026.

Brokers who fail to meet these milestones will not be allowed to onboard new retail clients for API-based algo trading from January 5, 2026.

The entire framework, along with detailed operational standards, will become effective for all brokers from April 1, 2026.

Brokers who are not ready to go live by October 1, will also have to submit information about their existing clients as of September 30, to the exchanges.

SEBI said the guidelines aim to clearly define the rights and responsibilities of investors, brokers, algo providers, vendors, and market infrastructure institutions such as exchanges, depositories, and clearing corporations.

Under the rules, all algorithmic trading strategies will need to be registered with stock exchanges and assigned a unique identification.

This mechanism will help exchanges track algo orders placed through Direct APIs. Algo providers will also have to be empanelled with the exchange before registering their products, and the process will have to be done through a trading member before an algo ID is issued.

 

 



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PM Kisan 21st Installment Live Updates: PM Modi To Release Rs 18,000 Crore To Nearly 9 Crore Farmers

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PM Kisan 21st Installment Live Updates: PM Modi To Release Rs 18,000 Crore To Nearly 9 Crore Farmers


PM Kisan 21st Installment Live Updates: The wait for the PM Kisan Samman Nidhi’s 21st installment is now going to be over today, after Prime Minister Narendra Modi is set to release the next tranche of Rs 2,000 shortly at an event in Coimbatore, Tamil Nadu.

“The prime minister will release the 21st installment of PM-KISAN on November 19, 2025, in Coimbatore, Tamil Nadu,” according to PM Kisan’s portal.

As per the government data, Rs 18,000 crore will be transferred to nearly 9 crore farmers nationwide. Combined with state schemes, many farmers are receiving additional income buffers ahead of the agri season.

“This instalment comes at a crucial moment: rising input costs, mandi price volatility, and liquidity gaps continue to challenge small and marginal farmers. A deeper lens on how direct benefit transfers are influencing farm decisions, post-harvest management, storage choices, and credit dependency could make for a compelling industry story,” said Amith Agarwal, co-founder and CEO of StarAgri Warehousing & Collateral Management.

PM Kisan: How To Check Beneficiary Status?

1. Visit the official PM Kisan portal: https://pmkisan.gov.in

2. On the homepage, under the ‘FARMERS CORNER’, click on ‘Beneficiary List’.

3. Enter your state, district, sub-district, block, and village.

4. Click ‘Get Report’ to view the list of beneficiaries in your village.



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Buy or sell: Stock recommendation by brokers for November 19, 2025 – The Times of India

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Buy or sell: Stock recommendation by brokers for November 19, 2025 – The Times of India


Jefferies has initiated its coverage of WeWork India with a buy rating and a target price of Rs 790. Analysts said that the company is the largest flexible workspace operator by revenues in India. At about 17% compounded annual growth rate (CAGR), flexible workspace stock is growing at two times the pace of office stock, with room for further penetration. They said WeWork’s premium positioning helps command higher average revenue per member and margins than peers.Motilal Oswal Securities has initiated its coverage of PB Fintech with a neutral rating and a target price of Rs 2,000. Analysts expect PB Fintech to post a strong FY25-FY28 revenue, earnings before interest, taxes, depreciation, and amortisation (EBITDA) and profit after tax (PAT) CAGR of 35%, 156% and 56%, respectively, after factoring in a strengthening position in under-penetrated credit and insurance industries. However, they believe the stock is fairly valued, and all positives are priced in at current levels. Any possibility of commission restructuring by insurance companies due to the loss of input tax credit post GST exemption poses a key risk for the company’s top-line growth.Morgan Stanley has an overweight rating on Eternal (formerly Zomato) with the target price at Rs 427. They believe Eternal has the best risk-reward matrix and investors would use the current weakness to accumulate the stock. Like Eternal’s strategy of doubling down on customer market share as wallet share expansion can follow later. Theyassume a stress case of higher aggression could mean push out of profitability but this is not a game changer. They are assuming a stress case scenario where the stock would bottom out at Rs 280 – Rs 285.UBS has a buy rating on Max Healthcare Institute with the target price at Rs 1,550. Analysts expect the company’s brownfield capacity addition to drive growth and earnings. The management said that it recently commissioned a Mohali facility including an oncology facility. It’s also commissioning a facility at Nanavati hospital inMumbai.Also the construction activity at other new hospitals is progressing well. The management indicated that the issues related to cashless service for insurance patients has been resolved and mentioned there was no/only limited impact as patients shift from insurance to cash in such instances.Nomura has a neutral rating on Oil India with the target price at Rs 430. Analysts said the company’s July-Sept quarter was a soft one as volumes were impacted by external factors. The expansion work at Numaligarh Refinery was on track, with first crude intake expected next month and a meaningful volume uptick by the July-Sept quarter ofnext year. Analysts cut Oil India’s FY26 and FY27 profit estimates by 37% and 18%, respectively, to reflect: Lower gas sales volume, lower crude price realizations, higher depletion & depreciation expenses, and sharply higher exploratory write-offs and impairments.





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Top stocks to buy today: Stock recommendations for November 19, 2025 – check list – The Times of India

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Top stocks to buy today: Stock recommendations for November 19, 2025 – check list – The Times of India


Top stocks to buy (AI image)

Stock market recommendations:According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Life Insurance Corporation of India, Coromandel, and Doms Industries:Life Insurance Corporation of India – Base Formation near 200-DEMA + Dual MACD Bullish CrossoverBuy near: ₹920–₹910 | SL: ₹885 | Target: ₹975 | Time Frame: 90 DaysLife Insurance Corporation of India has developed a strong base near the 200-DEMA, indicating that the recent decline is stabilizing around a crucial long-term support. A bullish divergence on the hourly chart suggests that downside momentum is fading and buyers are gradually stepping in. On the daily timeframe, both the short-term and long-term MACD have produced a bullish crossover above the zero line — a powerful signal hinting at a potential trend reversal.These technical factors collectively point to improving strength and increase the probability of an upward move toward ₹975. Traders may look to build long positions in the ₹920–₹910 zone.Coromandel – Support at 200-DEMA/SMA + Long-Term MACD DivergenceBuy near: ₹2215–₹2200 | SL: ₹2095 | Target: ₹2450 | Time Frame: 90 DaysCoromandel has taken strong support at both the 200-DEMA and 200-SMA — a zone that has historically acted as a reliable demand area for long-term buyers. The long-term MACD has formed a bullish divergence, indicating weakening downside momentum and the possibility of a trend reversal. Price action is gradually showing early signs of recovery, while the 25-period ROC on the hourly chart has turned positive, affirming improving momentum.Given this confluence of technical signals, the stock presents a favourable risk–reward opportunity in the ₹2215–₹2200 zone for a potential move toward ₹2450.DOMS – Breakout Above 2580 + Momentum Revival Through MACDBuy near: ₹2580–₹2540 | SL: ₹2450 | Target: ₹2800 | Time Frame: 90 DaysDoms Industries Ltd has established a strong base within the ₹2500–₹2580 consolidation zone, reflecting sustained accumulation at lower levels. On 14-11-2025, the stock confirmed a decisive breakout above the ₹2580 mark, signalling fresh buying interest and a likely continuation of the prevailing uptrend. This breakout is further supported by a bullish MACD crossover above the zero line, indicating strengthening momentum on the higher timeframes.With both price structure and momentum indicators aligning positively, DOMS offers a robust setup for an upside move toward ₹2800.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)





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