Sebi allowed investors to place multiple bids in a private placement issue on debt basis and permitted depositories to act as facilitators.
Sebi drastically cut the timeline for listing of debt securities to six days from 12 days at present, in order to make the existing process of issuance of such securities simpler and cost effective.
At 9:52 a.m. EDT the Dow Jones Industrial Average .DJI was up 323.31 points, or 1.28 percent, at 25,485.72, the S&P 500 .SPX was up 18.96 points, or 0.67 percent, at 2,837.33.
Kotak Mahindra Bank fell nearly 4 per cent as RBI said the recent stake dilution by the bank's founder Uday Kotak does not meet its regulatory norms.
The company's stock gained 2.98 per cent to settle at Rs 619.60 on the BSE. Intra-day, it jumped 3.37 per cent to Rs 621.95 -- its 52-week high.
Investors rattled by events in Turkey, China and South Africa have pulled $1.3 billion out of emerging-market stocks in the last week and $100 million from bonds, according to IIF, which tracks financial flows.
Oil price movement is the most important driver for the Indian stock market going forward, followed by local fund flow and the 2019 elections, according to UBS.
The Dow Jones Industrial Average .DJI rose 132.56 points, or 0.53 percent, at the open to 25,294.97. The S&P 500 .SPX opened higher by 13.07 points, or 0.46 percent, at 2,831.44.
At 7:18 a.m. ET, Dow e-minis 1YMc1 were up 198 points, or 0.79 percent. S&P 500 e-minis ESc1 were up 14.5 points, or 0.51 percent.