Foreign Portfolio Investors sold Rs 4,285 crore worth of Indian equities in the first three days of January. This contrasts with December 2024 when they were net buyers. FIIs have been cautious due to high valuations in the secondary market but active investors in the primary market. The dollar’s strength and US bond yields influence their actions.
Vodafone Idea shares dive 12% as SC rejects $5B dues waiver
Vodafone Idea shares plummeted after the Supreme Court rejected its plea to waive over $5 billion in interest and penalties on statutory dues. The telecom