FPIs return to India via block deals and new share sales
Foreign investors returning to India are reportedly pursuing discounted block deals and new share sales instead of open-market buying, blunting fresh capital’s impact on broader indices.
New Delhi, Sept.
2 -- Foreign investors returning to India are chasing discounted block deals and new share sales rather than buying from the open market, blunting the impact of fresh capital on broader indices.
September's mega-issuances, led by the National Stock Exchange, may reinforce the trend…