Foreign portfolio investors (FPIs) sold shares worth ₹1.51 lakh crore during the December quarter and another ₹67,000 crore since January 1. A basis point is a hundredth of a percentage point.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is