SEBI Highlights Investment Opportunities in Indian Equities

India Stock Market Correction Opens Attractive Entry Point for Foreign Investors, SEBI Official Says​

Market Correction Creates Fresh Investment Opportunities​

Mumbai, March 19 – India’s stock market is emerging as an attractive destination for foreign investors following the recent correction, a senior official from the Securities and Exchange Board of India (SEBI) said on Thursday.

Kamlesh Chandra Varshney, Whole-Time Member at SEBI, noted that equity valuations have turned “quite attractive” after markets declined over the past few months. The correction, driven by global volatility and the ongoing West Asia conflict, has created a favorable entry point for foreign portfolio investors (FPIs).

“The correction has opened up a strong investment window for FPIs,” Varshney said, highlighting renewed opportunities for global investors, including those from Russia.

Benchmark Indices Fall Over 8 Percent in March​

Indian benchmark indices have dropped more than 8 percent this month, impacting overall investor sentiment. However, the decline has also improved valuation levels, making equities more appealing for fresh investments.

Varshney described the current phase as offering a “tremendous opportunity” for investors looking to enter the Indian market at more reasonable valuations.

SEBI Working to Ease Access for Russian Investors​

Addressing a Russia-India Forum event at the National Stock Exchange (NSE), Varshney said the regulator is actively working to simplify procedures and resolve technical challenges to facilitate investments from Russian FPIs.

At present, 23 Russian entities, including banks and financial institutions, are registered as FPIs in India. These entities are permitted to invest in both equity and debt markets.

IPO Route and Higher Valuation Potential Highlighted​

Varshney also pointed out that Russian companies have the option to establish subsidiaries in India and raise capital through initial public offerings.

He added that in certain cases, subsidiaries listed in India have secured higher valuations than their parent companies overseas, making India an attractive destination for fundraising.

Push for Technology-Driven Market Access​

SEBI is collaborating with market participants to develop technology-driven solutions aimed at reducing costs and improving accessibility for investors. These efforts are expected to broaden participation in Indian financial markets.

GIFT City Emerges as Alternative Listing Hub​

At the same event, NSE Chief Business Development Officer Sriram Krishnan suggested that Russian companies could explore listing opportunities at GIFT City in Gujarat. He also indicated that Russian banks may consider establishing operations in the financial hub.

The developments signal growing efforts to deepen financial ties between India and Russia while enhancing foreign participation in India’s capital markets.