“Increase in these overseas issuances is driven by offshore investors seeking INR fixed income and foreign exchange exposure as a proxy to buying G-secs (government securities) via the FPI (foreign portfolio investment) route, without having to contend with local operational and taxation related aspects,” said Siddharth Bachhawat, head-markets at Barclays India.
Positive Breakout: These 6 stocks cross above their 200 DMAs
200 DMA: Rs 585.82| LTP: Rs 609.85