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FM Sitharaman to meet officials of FPIs, mutual funds today

Aug 09, 2019 12:26 IST

Finance minister Nirmala Sitharaman will be meeting market participants, including senior officials of foreign portfolio investors and mutual funds on Friday to ascertain views on current issues relating to financial markets.Equity markets have seen a sharp sell-off after the recent budget introduced a hike in taxation on FPIs. Through the week, Sitharaman held meetings with representatives of various sectors. The FM met bankers on Monday; officials from the micro, small, and medium enterprises on Tuesday; auto makers  on Wednesday and entrepreneurs from the industry incorporation on Thursday. She will also be speaking with home buyers and real-estate developers on Sunday.

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