FPIs stay open to IPO bets despite equity exodus
Foreign investors have shown a strong preference for India's primary market, channeling $4.9 billion into initial public offerings, which sharply contrasts with the $28.9 billion outflow from the secondary market.
The momentum in primary market inflows picked up after July, highlighted by substantial contributions to major IPOs.
Alongside this, domestic fundraising from a plethora of new offerings has also risen.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
