According to National Securities Depository Limited (NSDL) data, FPIs allocated a dominant ₹11,563 crore to power sector stocks. FPIs’ investment in power stocks includes a $1.1 billion investment by US-based GQG in Adani Power. They pumped ₹11,343 crore into Indian equities in August as against ₹26,442 crore in July.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an