India resilient, global ETFs keep buying https://ift.tt/g6m3jlA the past one year till August, the assets under management (AUM) of passive FPIs have increased by about 8% from $59 billion in August 2021 to $64 billion in August 2022. Allocation of foreign ETFs to India was $45 billion in August 2020. FPIs have sold Indian shares worth $14.4 billion in 2021 and $24.5 billion in 2022 till August.
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will be able to trade in Indian derivatives market remotely without having to set up a shop in India. Currently, only a few trades are being executed through the route.
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