Global pension funds, central banks, investment funds having 75% stake with governments, and sovereign wealth funds, together own 25.10% of all the stocks owned by foreigners at the end of January 2024. That translates into a gain of 184 basis points in the past one year, data compiled by ETIG from NSDL showed.
Broad-based market rally unlikely without FPI flows & stronger growth: Nilesh Shah
The broad-based rally at least at this point of time looks difficult, unless and until it is supported by growth or it is supported by