The Securities and Exchange Board of Indi (Sebi) the Indian stock market regulator is considering reforms and deregulating the norms governing the participation of foreign institutional investors in the Indian equity markets.
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Anybody who held a significant part of their wealth in Indian equities has had a bad year this year. To be fair anybody who has had a significant proportion of their wealth in any equities has not had a terribly encouraging year and a lot of wealth has been shed.
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