1:30 pm Exclusive
interview: As mandated by the Union finance ministry, Securities and
Exchange Board of India (SEBI) has been seeking to invest a chunk of the
Employees’ Provident Fund Organisation (EPFO) corpus into Indian equities.
Speaking about it, SEBI chairman UK Sinha there is lost of interest in Indian
corporate bonds and the government where must work to bring in liquidity.
Noticing a lot on enthusiasm from foreign players in corporate bonds, Sinha
said the sector requires a lot of reforms. To begin with Foreign Portfolio
Investment limits in corporate bonds must be enhanced. He also said the
government must look at boosting retail investor participation in corporate
bond market.
Don't miss: Crude oil
bottoming out; $60-70/bl likely in a year: Kotak
The market is still holding on to its gains. The Sensex is
up 85.98 points at 28870.65 and the Nifty is up 18.85 points at 8714.45. About
1116 shares have advanced, 1645 shares decli. More information plaqse visit
this site www.bigprofitbuzz.com
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