Back in 2014, Sebi felt that foreign investors were using two main artifices setting up protected cell companies or using segregated cell company structure to route money into India
On Friday, Sensex had closed with gains of over 629 points even as Nifty was up 178.20 points as overseas investors made net purchases of over $300 million or Rs 2,400 crore
The March investment was mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. Barring this, the net flow is negative