The government has ruled out imposing ban on participatory notes, even as market regulator SEBI is trying to bring more transparency in stock markets by encouraging foreign investors to directly register with it.
Indian and Chinese stocks turned
under performers in the third quarter of this year, compared
with their BRIC counterparts, Brazil and Russia, which gave
investors an average return of as much as 26 percent in the
World equities rose on Wednesday to new 11-month highs, after upbeat US data boosted faith in an economic recovery, persuading more
investors to sell their low-yield dollars to buy growth-oriented stocks and commodities.
The Bombay Stock Exchange benchmark
index Sensex recovered by 114 points in opening trade on Tuesday after yesterday`s fall on buying by fund and retail investors
driven by firming trend in global markets.