The current volatility we see in the markets are testing every safe haven and exposing its vulnerability
Dienelt co-founded the paper bitcoin wallet company Lazzerbee while working at Morgan Stanley, where he had been for almost a decade. He most recently managed a team of futures specialists in the bank's private wealth business.
The guidelines, which are part of the newly notified Foreign Portfolio Investor (FPI) Regulations, have come into force with immediate effect. They provide for stricter oversight of P-Notes, the preferred route for overseas high net worth individuals (HNIs) and hedge funds for investing in the Indian market.
We have seen decent amount FII of money coming into the markets in the past six weeks or so. Aadil Ebrahim, investment manager at Bowen Capital Management, in an interview with CNBC-TV18’s Gautam Broker and Latha Venkatesh, spoke about the FII view and where the market heads from here.