Investment through P-notes rises to Rs 79,247 crore in November
Updated : December 26, 2018 01:32 PM IST
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
According to Sebi data, the total value of P-note investments in Indian markets equity, debt, and derivatives rose to Rs 79,247 crore till November-end from Rs 66,587 crore at October-end.