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NSE International Exchange (NSE IFSC), which is a wholly-owned subsidiary of the National Stock Exchange (NSE), had announced trading in US stocks which will be facilitated through the NSE IFSC platform.
The stock has been gaining for the last two trading sessions.
The rate remained unchanged for the tenth time in a row. Also, the RBI kept the reverse repo rate unchanged at 3.35 per cent.
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.
Investment via P-notes rises to Rs 95,501 cr till December