The finance ministry is stepping up its efforts to widen the class of foreign investors in the Indian stock market. First, the government gave the green signal for qualified foreign investors (QFIs) to invest in mutual funds, and now, individual investors from across the globe may soon get the right to buy blue-chip Indian stocks. CNBC-TV18's Aakanksha Sethi gives exclusive details.
The government is pressing the accelerator as far as the stock market and foreign individual investors are concerned. In fact, it has been very keen that there should be more foreign inflows in the Indian stock market primarily for two reasonsDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!