Investment in Indian Capital Market Through Participatory Notes reached 6-month high

Investment in Indian Capital Market Through Participatory Notes reached 6-month high



Mumbai: In spite of tightening of rules on behalf of SEBI, investment in capital market has reached a high of 6 months, through participatory notes (P-Notes). In the end of December, the investment increased through P-Notes to more than $ 1.5 billion. According to the data of the Securities and Exchange Board of India (SEBI), investments through P-Notes in Indian markets- equity, debt and derivatives have risen to Rs 1,52,243 crore by the end of December. At the end of November it was Rs. 1,28,639 crores.

Investment through P-Notes is at the highest level in December after June. In June, this was an investment of 1.65 lakh crore. P-Notes investment has been continuously coming down since June 2017 and it went down to eight-month low levels in September. Although it increased in October, but again in November it was noticed.

It is notable that P-Notes, ie, Participatory Notes, issued by foreign portfolio investors registered in India are issued to global investors who want to invest in the Indian securities market without having registered themselves in India.