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Veteran banker and CII chief, Uday Kotak, has called for channeling more domestic savings into equity to counterbalance the dominance of foreign funds in Indian markets. He said that, while foreign capital is welcome, “we cannot depend on foreign capital for our destiny”.
Sebi eases rules for startup listingSebi has reduced the requirement for issuers to have 25% of pre-issue capital held by eligible investors to one year from two years.
from Stocks-Markets-Economic Times https://ift.tt/3lOGAOc
… Read MoreWhat happens when stimulus ends? Chinese equities’ 15% plunge shows just thatCentral banks around the world are dealing with the aftermath of last year’s multiple interest-rate cuts and trillions of dollars in stimulus.
from Stocks-Markets-Economic Times https://ift.tt/3d9pDu1
… Read MoreRising cases, FII sales cast a bear shadow on F&O bets, spook StreetForeign investors offloaded Indian shares worth Rs 3,383.6 crore on Thursday. Provisional data showed Nifty rollovers stood at 74 per cent — lower than the three-month average, said analysts. The Bank Nifty ended the series w… Read MoreOutward remittances under LRS hit $1.2 b in JanThough overall remittances are still at one third less than $1.8 billion sent in January of 2020, the pandemic induced lockdown globally had slowed down such outflows significantly. But they have started picking up since Octo… Read MoreBulls retreat further as Covid cases go upThe daily count of coronavirus cases in India has crossed 50,000 for the first time in five months. While overseas investors have stepped up selling of local stocks on account of rising infections, a strengthening dollar and … Read More
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