Investment in P-notes rise to Rs 81,220 crore till April end
Updated : May 30, 2019 02:13 PM IST
Participatory notes (P-notes) are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly after going through a due diligence process.
The total value of P-note investment in domestic capital markets -- equity, debt and derivatives -- stood at Rs 81,220 crore till April-end, latest Sebi data showed.
Out of the total investments made till April-end, Rs 58,820 crore was invested in the equities segment, Rs 21,542 crore in debt and Rs 123 crore in derivatives market.
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