Foreign portfolio investors are showing caution in the Indian primary market. IPO investments are down compared to last year. However, the average IPO size has doubled. FPIs are now selective, focusing on new-age tech companies. Secondary market investments rebounded in May. Overall, FPIs were net sellers in the first five months of 2025, despite recent inflows.
Markets overlooking macro stress, says Kunal Vora amid oil and currency shock
Despite a calm surface, Indian equity markets face mounting macroeconomic pressures from rising crude oil prices and a weakening rupee. Experts warn that current market