Foreign portfolio investors have sold Rs 58,711 crore ($7 billion) of Indian equities in Oct, influenced by China’s economic stimulus. Net bond sales were modest at Rs 709 crore. However, strong domestic institutional investments mitigated the market impact. FPIs have also shown interest in Hyundai’s upcoming IPO.
Related Posts
Now, BEML aims to start exporting Vande Bharat, metro trains in coming years
BEML Ltd intends to prioritize the rollout of Vande Bharat trains domestically before targeting export markets next year. The company is looking to secure export […]
Institutions save the day for Hyundai IPO
Hyundai Motor India’s Rs 27,870 crore IPO, the nation’s largest-ever public offering, has been fully subscribed, driven by strong institutional investor demand. Retail investor participation […]