India is opening a new avenue for foreign investors to buy listed stocks directly. This move aims to attract global wealth seeking exposure to the Indian market. The government has increased investment limits for individuals residing outside India. This initiative provides an alternative to existing investment channels and seeks to build resilience against foreign portfolio investor outflows.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj