This hope, along with easing commodity prices and healthy June quarter results, has led to the return of FPIs to Indian bourses, easing investor concerns.
At its second buyback auction of FY26, the RBI received bids worth Rs 53,031 crore against a notified Rs 26,000 crore, accepting 99% of it.
SBI Mutual Fund purchased a 3.6% stake in Asian Paints from Reliance Industries for Rs 7704 crore, marking one of India’s biggest bilateral block deals.
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