Sebi's Ajay Tyagi to woo foreign portfolio investors amid bearish sentiment

Sebi Chairman Tyagi will meet foreign investors. The meeting comes at a time when FPIs have pulled out $5 billion from the domestic markets this quarter

Securities and Exchange Board of India (Sebi) Chairman Ajay Tyagi is planning to meet top foreign portfolio investors (FPIs) in the US this month. He will meet other investors too.

The meeting comes at a time when FPIs have pulled out $5 billion from the domestic markets this quarter. 

“A full-fledged event is being planned and the Indian embassy is coordinating it. The purpose of the visit is to have first-hand interaction with FPIs to understand their point of view on emerging markets (EMs) and India. Further, the regulator would address concerns of overseas investors over various issues including know