Economic TimesLean R·
Top FPIs ride out storm, outrun Nifty & Sensex in Q1
Mumbai: Keeping faith in Indian equities may have paid off for Goldman Sachs, Capital Group and other top foreign funds in the June quarter, when an overwhelming majority of overseas investors had been busy exiting local risk assets in the immediate aftermath of the Iran crisis.At least 75% of the top 20 foreign portfolio investors (FPIs) saw their disclosed India portfolio values increase between 10% and 37% in the June quarter, outpacing gains from the Sensex and Nifty in the period, a Prime …
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