At ₹81,903.7 crore ($9,491.6 million), FPI outflow in January was the highest since last October which recorded the highest monthly outflow of ₹1.1 lakh crore ($13,556 million), according to data from NSDL. In the primary market, net investment by FPIs slowed to ₹3,877 crore ($448.7 million), the lowest in seven months owing to slower activity in the IPO segment during January amid weakness in the broader market.
Vedanta demerger can create value in the long term
Vedanta’s stock has seen a dip following the announcement of its demerger into five listed entities, aimed at reducing the conglomerate discount. Investors looking to