Foreign investors’ cumulative net equity investments in India have fallen to their lowest level since 2016 after sustained selling, underscoring weakening appeal for the country’s $4.9 trillion stock market. Net FPI investments stood at Rs 7.3 lakh crore as of June 1. Rising oil prices, concerns over economic growth, and a global shift toward AI-linked markets have weighed on sentiment.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO