SEBI Chair Tuhin Kanta Pandey emphasized simplifying KYC & registration for NRIs.

He also flagged digital reforms to ease FPI participation in Indian markets. 

The move is expected to attract more overseas capital into Indian equities. 

Stocks in sectors dependent on foreign flows may see stronger interest. 

Broader market sentiment could improve if capital inflows strengthen.

The policy push may level the playing field for overseas investors. 

Execution and regulatory clarity will determine actual impact. 

Some mid / small caps may benefit more due to lower visibility. 

But increased competition and scrutiny may also rise. 

This is a structural move with implications for long-term market depth.