Hi Everyone,
A quick question - beginning Nov, RBI announced that FII investment in Titan has reached the upper limit and they can no longer buy the stock. Since then the stock has fallen from 265/- to 225/- (a significant 15% drop).
How does RBI take a call on this? When would this ban come off? Can the limit get increased? Is it at RBI's discretion?
Thanks!
A quick question - beginning Nov, RBI announced that FII investment in Titan has reached the upper limit and they can no longer buy the stock. Since then the stock has fallen from 265/- to 225/- (a significant 15% drop).
How does RBI take a call on this? When would this ban come off? Can the limit get increased? Is it at RBI's discretion?
Thanks!