Foreign investors favored India’s primary market in November, investing more than in the secondary market. However, they were net sellers of Indian equities overall for the month. This trend continues for the year, with significant outflows. Local mutual funds are offsetting these sales by increasing their equity investments. Key factors for December fund flows include GDP growth and corporate earnings.
Hindustan Copper shares gain 3% as company plans Rs 7,000 crore capital investment in next 5 years
Hindustan Copper shares rose after the company announced a Rs 7,000 crore investment over the next 5-6 years and signed MoUs with major PSUs to