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FPIs bow to IPO allure, but walk out of secondary markets

Posted by Able on January 01, 2025

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The thriving IPO market in 2024 continued to attract foreign portfolio investors (FPIs), even as they turned net sellers in India’s secondary market due to high valuations, weak demand, and slowing GDP growth.

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FPIs bow to IPO allure, but walk out of secondary markets

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