On Tuesday, SEBI has increased the investment limit for payments through the UPI mechanism for retail investors buying debt securities in public issues to Rs 5 lakh from Rs 2 lakh at present to bring ease of investment for investors.

• HCL Tech Shares Gain 2% on Partnering Up with Strategy 
• Shares of Shriram Pistons skyrocketed 9% on Acquiring Antolin Lighting
• Stocks in Focus: Lloyds Engineering, SEAMEC, RailTel, and Others
• Overnight Stock Market Movements: Key Developments 
• Stocks Under F&O Ban: Bandhan Bank, and Others

The new framework will apply to public issues of debt securities that open on or after May 1, 2022, the Securities and Exchange Board of India (Sebi) said in a circular.

The current Sebi rules allow investors to apply in public issues of debt securities with the facility to block funds through the UPI (unified payment interface) mechanism for application value of up to Rs 2 lakh.