Tuesday, August 18, 2026 | Nifty/Sensex: GIFT Nifty signals flat start; Nifty 50,000 is Raamdeo’s 2035 bull case, not today. Rupee opens 6 paise lower at 95.66/$. SEBI won’t roll back CAS; Adani flags

SEBI policy: discretionary PMS clients can pledge securities to raise loans. SEBI also warns against following live social-media trading strategies. CAS rollback off the table. Banking/flows: Rupee slide at 95.66/$ chips away at ISM outlay. Foreign Treasury holdings fell in June, led by Japan. Oil spike + rising bond yields hit Japan stocks. Corporate/sector: Adani flagship chases Nifty crown after years of turmoil. Raamdeo Agrawal maps three valuation timelines for Nifty 50,000 before 2035. So what? Flat global cues, oil pressure, weaker rupee, SEBI clarity. Tomorrow’s open likely choppy—watch Adani, financials on PMS pledge rules, oil-sensitive names.

SEBI policy: discretionary PMS clients can pledge securities to raise loans. SEBI also warns against following live social-media trading strategies. CAS rollback off the table.