IPO● Neutral for Indian equities
September IPO rush draws $1 billion FPI money even as listed stocks see record outflows
The brief
- FPIs invested $1 billion in India’s primary market in September
- FPIs simultaneously offloaded $4.8… in listed stocks
- Primary-market inflows support IPO demand, while listed-stock selling weighs on Indian equities
- Cash, derivatives volumes sink as oil, yields roil sentiment
- Monday Watchlist: IT, metal stocks in focus as FIIs build massive short bets
- Trade Setup For Oct 5: Nifty Finds Support At 22,600-22,400 Levels Amid Hormuz Disruption, Persistent FII Outflows
- Week Ahead On D-Street: RBI Policy, Q2 Results, FPI Flows Among Key Triggers To Dictate Sensex, Nifty
- Ahead of Market: 10 things that will decide stock market action on Monday
September IPO rush: 34 issues raise Rs 39,340 crore; Rs 4.48 lakh crore pipeline ahead
Monday, 5 October
- September IPO rush draws $1 billion FPI money even as listed stocks see record outflows