Foreign portfolio investors (FPIs) turned net buyers in Indian equities in 2024, investing $982.6 million as of December 13. Strong primary market investments offset substantial secondary market selling. FPIs poured $1,703.4 million into the secondary market in early December, reversing the November trend. Meanwhile, domestic mutual funds slowed their investment pace.
Silver Storm Parks & Resorts Limited Successfully Concludes IPO
Silver Storm Parks & Resorts Limited successfully concluded its initial public offering, raising ₹82.43 crore. The company’s Qualified Institutional Buyers category saw strong subscription interest.