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.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing