Saturday, April 4, 2020

FPI holdings raised

National Securities Depository  and Central Depository Services  revised Foreign Portfolio Investment (FPI) limits for all listed stocks on Indian bourses.

With this move, FPI limit in certain stocks has gone up to 100 per cent. The move is likely to increase India’s weight-age in MSCI and FTSE global indices.

The effective date is 01-04-2020.

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