India’s 25% free-float equity rule has been weakened. Tighten it.

How strictly should the Indian stock market’s 25% free-float rule be enforced? Under this basic norm, meant to assure every traded stock sufficient liquidity for trading, at least a quarter of every listed company’s equity must qualify as its ‘free float’ portion, as distinct from the stake held by its promoters.  It’s back in the … Read more