Earlier when FIIs were net sellers, they had their reasons for high Indian market valuations but now, that concern has been solved given the flat performance by the market and similarly FII buying is back given the valuation comfort coupled with better economics and fundamentals of Indian markets.
Ather Energy IPO crosses the line in final hours of Day 3; retail portion booked 1.55 times
Ather Energy’s Rs 3,000-crore IPO achieved full subscription on its final day, driven by strong institutional demand, although grey market signals remained weak. Retail investors