The government on Saturday clarified that enhanced surcharge has been withdrawn for foreign portfolio investors on capital gains in both the equity and derivatives segments.
The latest outflow is higher than Rs 21,000 crore net withdrawals seen in entire September.
According to the latest depository data, foreign portfolio investors (FPIs) withdrew a net sum of Rs 4,318 crore from equities during September 3-14.
Earlier, foreign portfolio investors (FPIs) had to file a separate form to register themselves with the market regulator Sebi.
FPIs have taken the total net investments to Rs 2,312 crore, as per the latest depository data.
New Delhi: Making it easier for overseas entities to invest in Indian markets, Sebi has proposed grant of registration to them within 10 days of application under the new Foreign Portfolio Investor (FPI) regime. The
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