Foreign investors have pulled back from the Indian stock market. Several major companies have seen significant drops in foreign institutional investor holdings over the past year. This selling pressure has coincided with sharp declines in the share prices of these well-known companies.
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.