Finance Minister P Chidambaram has said that Indian capital markets are facing many concerns including low level of retail participation,which needed to be addressed urgently.Chidambaram further said rising volumes of rupee trade in Non-Deliverable Forward market abroad is a major concern. NDF is a forex derivative instrument, traded over the counter and operated in currencies that are freely convertible unlike the rupee.The rising volumes of rupee trade in the NDF abroad could adversely affect value of Rupee.
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