FPIs exit secondary market in July, but stay active in IPOs. What’s fueling the shift?
Foreign portfolio investors (FPIs) have turned net sellers in Indian equities this July, but their activity in the primary market remains strong — highlighting a strategic shift amid concerns over valuations and the relative underperformance of Indian equities. According to data from NSDL, FPIs sold equities worth Rs 10,775 crore through the secondary market between…
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