REITs, publicly-listed InvITs may get to raise foreign capital via DRs

Sebi proposed allowing real estate and infrastructure trusts to raise foreign capital. This move aims to broaden foreign investor access to India’s investment trust market. Depository receipts will enable trading in foreign currency on international exchanges. Privately listed infrastructure trusts will not be eligible for this new facility. The proposal seeks to attract more global…

Stocks in news: BSE, PB Fintech, Nykaa, Airtel, and LIC

Markets experienced profit-taking after Monday’s rally, with indices closing lower. Investors await the Reserve Bank of India’s monetary policy announcement on Wednesday. BSE reported a significant profit increase for the June quarter, driven by revenue growth. Bharti Airtel and Nykaa also announced strong quarterly earnings, showing substantial profit jumps. The government began an offer for…