However, Vijayakumar cautions that the elevated valuations are still a concern. If the US growth concerns impact global equity markets in the coming days, FPIs are likely to use the opportunity to buy in India.
Stablecoin firm Circle triples after IPO priced above range
Circle Internet Group witnessed a remarkable surge, with shares soaring up to 235% following its IPO. The stablecoin issuer and its shareholders raised nearly $1.1