new delhi, Nov. 22 -- Units of real estate investment trusts (Reits) may soon be counted as equity and join India's stock market indices, as the regulator works to attract larger participation from institutions and improve liquidity in these instruments. The Securities and Exchange Board of India (Sebi) is actively examining the inclusion of Reits in market indices in a phased manner, chairman Tuhin Kanta Pandey said on Friday. While Sebi has taken several steps to make Reits more liquid and retail-oriented, retail participation in these instruments remains low, he noted. "Sebi will work with all stakeholders to facilitate the inclusion of Reits in indices, through an appropriate glide path. Based on industry feedback, we are evaluating fur...