Foreign portfolio investors are showing caution in the Indian primary market. IPO investments are down compared to last year. However, the average IPO size has doubled. FPIs are now selective, focusing on new-age tech companies. Secondary market investments rebounded in May. Overall, FPIs were net sellers in the first five months of 2025, despite recent inflows.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,