The share of sticky foreign funds – these include global central banks, pension funds, sovereign funds, and entities where a majority stake is owned by governments – in equity assets held by foreign portfolio investors rose to a record 24.30% last month, data from NSDL show. The increased share of sticky funds is an indication that redemption pressure on Indian equities will be relatively lower during the period of extreme risk aversion.
InvITs industry pushes for easier M&A rules to boost investor interest
India’s InvITs sector, managing ₹7 lakh crore in assets, is urging regulators for simpler M&A rules. Industry leaders want change of control guidelines to match