Foreign funds reduced their ownership of Indias largest staples company to 12.7% at the end of March, down from as high as 14.5% in June last year, according to data compiled by Bloomberg.
A stable rupee, and the consistent outperformance of Indian equities over other markets are among the key reasons drawing NRIs to India’s stock market.
India Business News: Shares of Adani Group companies surged 13% on Tuesday after India's Supreme Court concludes hearing the investigation into the conglomerate's stocks p
Piper Serica Advisors has hit the final close of its maiden angel fund at $19.4 million, while Siddhartha Ahluwalia and Nansi Mishra have floated a fund.
India Business News: Indian equity mutual fund managers have been buying up shares of HDFC ahead of the lender's planned merger with parent firm Housing Development Financ