In a paper sent to clients in June, MSCI said its proposal aimed "to address the growing concern pertaining to listings of only non-voting shares," and invited feedback.
Investors in the grey market sell within minutes of listing as the losses can balloon if the price moves against them.
The introduction of dematerialization â€” conversion of physical shares into electronic form -- in the mid-90s was a radical move that changed the character of the Indian market forever.
With global equity markets undergoing a severe bout of volatility these past few days, it has served investors as a perfect hunting opportunity to purchase stocks at bargain prices.
Shane Oliver of AMP Capital Investors says despite the rich valuations, India continues to remain attractive. He says domestic investors were major participants in the China rally.
The rupee opens lower at 54.20/21 versus its previous close of 54.1750/1850 on the back of month-end dollar demand from importers.
You don‘t earn the title of Dr Doom by personifying optimism. Dr Nouriel Roubini* is rightly dubbed with the moniker of Dr Doom. He‘s on a roll once again and his most recent fear-inspiring predictions for the US and the global economy have gone viral.