Manmohan Singh: Peerless policymaker who transformed equity markets

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Economic growth gathered momentum in Manmohan Singh's first term as prime minister.

FPI entry formalised the market,” he said.“Proper broking services, which were on par with international standards, came.” That, in a way, strengthened the trust in Indian equities,” Bhat added.

As of September 2024, mutual funds own 9.5 per cent of the total market capitalisation of companies traded in NSE, and FPIs own 17.5 per cent.

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Category: BusinessFinance

Markets: IndiaMali

Topics: Poora Haq Equity markets Kashmiri Pandits Shakti Abhiyan Prime Minister Congress 1991 Budget Indira Gandhi Congress Lok Sabha Benchmark Indian Hindus NehruGandhi family Rahul Gandhi Leader Aadhi Abadi National Students' Union of India Parliament of India Rahul Gandhi Finance Minister Stock markets Http Manmohan Singh

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Article Type: News Report

Published On: 2024-12-27 @ 11:34:16 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1426 words

Reading Time: 8 minutes read

Sentences: 6 lines

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Copyright Owner: © Business Standard

News ID: 24686747

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