An FPI is barred from making fresh purchases of a stock on the floor of the exchange once its stake in the company exceeds 10%. This stems from the regulation under which the entire holding is treated as foreign direct investment (FDI).
India equity surge brightens outlook for exchanges, brokerages
India’s equity market is witnessing a vibrant revival, boosting earnings prospects for brokerages and exchanges. A surge in trading activity, spurred by favorable market dynamics