India’s market regulator is poised to introduce substantial rule amendments aimed at boosting foreign investments. The planned reforms intend to lower collateral demands and stimulate interest in longer-term derivatives. With foreign investment in Indian stocks hitting a seventeen-year low, the Securities and Exchange Board of India will engage with industry players prior to rolling out these transformative measures, ultimately hoping to enhance India’s position in global stock market rankings.
Lalithaa Jewellery Mart IPO allotment expected today; GMP at 27% — Here’s how to check status
The IPO, which opened for subscription on August 17 and closed on August 19, received an overwhelming response, with the issue subscribed 62.97 times overall.