Foreign portfolio investors (FPIs) continue to be buyers of Indian equities in May and invested Rs 10,850 crore in the last four trading sessions due to the country’s stable macroeconomic environment, robust GST collection and better-than-expected corporate quarterly earnings. This came following a net infusion of Rs 11,630 crore in equities in April and Rs […]
The Securities and Exchange Board of India (Sebi) is likely to appeal against the order by the Securities Appellate Tribunal (SAT) in the co-location matter in the Supreme Court. The regulator may seek expungement of remarks against it such as “slow approach”, “placing a protective cover”, according to people in the know. “The judgment may […]