The expansion in the FPI weight in the capex sectors is on account of stock appreciation as well as a sustained inflow. The cumulative inflow in the capex play has crossed $5 billion this year so far or nearly one-third of the total FPI investment in Indian equities during the period. As a result, the assets under management (AUM) of the capex play rose by 54% year-to-date to $54 billion as on September 15 while the overall FPI AUM increased by 14%.
NCLAT upholds ICICI Securities delisting, dismisses minority shareholder objections
The NCLAT upheld the NCLT’s approval of ICICI Securities’ delisting, dismissing appeals by Quantum Mutual Fund and Manu Rishi Guptha. The tribunal ruled that objections
March 10, 2025