Some industry players remain sceptical if allowing FPIs would give a fillip to the domestic market.
The Securities and Exchange Board of India (Sebi) at its board meeting on Wednesday is likely to clear the decks for foreign portfolio investors’ (FPIs’) participation in the exchange-traded commodity derivatives segment.
The long-awaited move is aimed at boosting liquidity and efficiency at domestic commodity bourses, even as concerns remain if this would make markets more volatile.
According to people in the know, the Sebi board is also likely to clear its annual accounts - a precursor to presenting its annual report before Parliament next month. This will be the second board meeting under its current Chairperson Madhabi Puri Buch,
First Published: Jun 28 2022 | 8:48 PM IST