Tuesday, January 23, 2024

Sebi FPI norms: Quantum less than projected, no immediate deadline to liquidate, say sources

Sebi FPI norms: Quantum less than projected, no immediate deadline to liquidate, say sources In 2023, the Securities Exchange Board of India had mandated FPIs holding more than 50 percent of their Indian equity AUM in a single Indian corporate group or FPIs holding more than Rs 25,000 crore of AUM in Indian markets to provide additional disclosures regarding their ownership, economic interest and control.

from Moneycontrol Market Outlook https://ift.tt/47QMTwy

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Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...