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.

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.