Jayesh Mehta flags ₹53,000 crore equity outflows in 10 days
In short
Jayesh Mehta said ₹53,000 crore left equities in 10 days. He called for more scrutiny of derivatives, algo trading, and links between onshore and offshore markets.
He also suggested source-based taxation to bring in foreign investors. The report does not say whether any of these ideas will be used or what effect they would have.
What the reporting says
Jayesh Mehta said ₹53,000 crore of equity outflows hit the market in 10 days and called for closer scrutiny of derivatives, algo trading and onshore-offshore market linkages. He also suggested source-based taxation could help attract foreign investors. The summary does not state any policy response, and it is unclear whether these measures would be adopted or how quickly capital flows might improve.
Why it matters
Jayesh Mehta, vice-chairman and CEO of DSP Finance, highlighted ₹53,000 crore of equity outflows over 10 days and urged tighter scrutiny of derivatives, algorithmic trading and market linkages. He also argued that source-based taxation could help attract foreign investors. The source does not say whether regulators will act on these suggestions. The issue is relevant to Indian markets, capital flows and currency stability.