On August 14, the National Stock Exchange is going to auction investment limits for overseas investors for the purchase of government and corporate debt securities totalling over Rs 8,800 crore.

NSE has said in a circular that the auction would be conducted for investment limits worth Rs 5,481 crore of government debt securities, while the same would be Rs 3,360 crore for corporate bonds.

The debt auction quota provides overseas investors the right to invest in the debt up to the limit purchase.

Read EquityPandit’s Technical Analysis of Indian Stock Market