Foreign portfolio investors (FPI) significantly increased their investments in the Indian primary market in July, reaching $1.7 billion, driven by a surge in IPO activity. However, FPIs became net sellers in the secondary market due to global uncertainties, resulting in a net outflow when considering both primary and secondary markets.
Hindustan Zinc shares rise 4%, up nearly 9% in 3 sessions. What’s behind the recent surge?
Hindustan Zinc shares surged 4% to Rs 532 as silver hit a fresh high, driven by a US Fed rate cut. The company, India’s sole