Foreign portfolio investors (FPIs) withdrew $933 million from Indian equities in early December, more than double November’s outflows, pressuring the rupee. Overseas investors have been net sellers in equities throughout 2025, with $17.33 billion withdrawn year-to-date. Factors like an absent US trade deal and overvalued stocks are cited for these exits.
Govt to sell up to 6% stake in Hindustan Copper via OFS; floor price at 10% discount
The government will sell a 3% stake in Hindustan Copper through an OFS at Rs 514 per share, with an option to divest another 3%.