FII, QFI, NRI AND FVCI TO COME IN SINGLE WINDOW—STOCK MARKET TO EXPAND It is like imaging a world without borders where FII is equal to NRI is equal to FVCI which together will form QFI. The only discrimination is between portfolio investment and non portfolio investment. Though it appears utopian scheme; however if Finance Minister P. Chidambaram is to be believed this dream could be soon a reality. Stock market will gain massively from this development and nifty will witness a quintenessial inflow of fund. The intraday traders in nifty future and nifty option will see a new age of investment. Marching ahead in the stock market momentum, two committees have been set up to map the mirage. One committee under the former cabinet secretary to look at harmonizing portfolio investment routes—and another by the finance ministry under the economic affair secretary to define what distinguishes FDI and...

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