Foreign portfolio investors remain net buyers in November, invest record Rs 60,358 crore in equities
Global investors are preferring investing in emerging markets more than developed markets as the potential upside is much higher, said Harsh Jain, co-founder and COO at Groww
The Securities Appellate Tribunal (SAT) on Tuesday suspended the further transfer of investors securities that Karvy Stock Broking Ltd had pledged with lenders
Markets regulator SEBI's prompt action against Karvy Stock Broking Ltd (KSBL) has resulted in nearly 83,000 investors getting back their securities, which were illegally transferred by the broker to its own account and were even pledged without any authorisation
The cap has been now raised to Rs 1,70,000 crore from Rs 1,53,569 crore previously.
In comparison, the total investments by FPIs in corporate bonds stood at Rs 3,45,488 crore as against a cap of Rs 4,14,323 crore.