Foreign institutional investors (FIIs) have shifted their strategy in India, showing signs of renewed interest in Indian equities with significant net buying on March 21. Improved domestic fundamentals such as growth pick-up and declining inflation, along with positive sentiment in the debt market, are influencing this change.
Central Bank’s OFS draws 1.28x subscription
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall