<div id="readability-page-1">On this edition of Business Today, Anchor Abha Bakaya, Chief Analyst Shailendra Bhatnagar, and Geojit Financial Services' Senior VP Gaurang Shah discuss the market's reaction to SEBI's major regulatory overhaul. The regulator has cleared proposals to lower costs for investors and mutual fund companies while replacing 30-year-old stockbroker rules. The show also tracks the Nifty's outlook following a Jefferies report predicting the index will hit 28,300 by December 2026. In global news, US President Donald Trump claims his tariff policies have secured a record $18 trillion in investments. Giving his take on the reforms, Gaurang Shah says, ‘Bringing in transparency, clarity and discipline is the need and I am glad that these changes have been put in place.'</div>

<p>SEBI's regulatory overhaul aims to lower costs for investors and mutual fund companies, replacing old stockbroker rules. Jefferies predicts Nifty will reach 28,300 by December 2026. Gaurang Shah supports the reforms for bringing transparency and discipline. Additionally, Trump claims his tariff policies have attracted $18 trillion in investments.</p>

Markets react to SEBI overhaul as Jefferies sees Nifty at 28,300 | Business Today