Economic TimesLean R·
September IPO rush draws $1 billion FPI money even as listed stocks see record outflows
ET Intelligence Group: The relentless flow of IPOs in September kept FPIs busy buying in the Indian primary market even as they accelerated selling in listed equities. They invested $1 billion (₹9,676 crore) in the primary market while offloading $4.8 billion (₹45,537 crore) worth of equities in the secondary market during the month, the highest since April 2026 when the outflow was $6.7 billion (₹63,167 crore).Of the 96 IPOs in 2026 so far, 34 were hosted in September alone. It implies that on…
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