Since July 1 so far, FPIs have invested close to $ 3.5 billion, the highest among emerging markets excluding China, according to Bloomberg. The crude oil prices and FPI investment share a high negative correlation. Easing crude oil prices tend to increase FPI interest in commodity consumers such as India and away from producing countries.
Wakefit IPO: Check GMP, price band, review, subscription and other details
Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite