The Foreign Portfolio Investors (FPI) have turned net sellers in the Indian equity market in 2024. They have sold Indian equities worth more than ₹25,000 crore, or over $3 billion, in CY24 so far. This outflow was driven by elevated US 10-year bond yields on the back of higher US […]
bank
A significant 77.5% of this investment was concentrated in just 10 companies. HDFC Bank took the lead with mutual funds increasing their stake from 16.28% in FY22 to 23.17% in FY24, marking an impressive investment of ₹1.2 trillion and a 6.9% increase. Reliance Industries also witnessed a robust increase, with […]