Foreign funds’ gross purchases top Rs 4 lakh crore in March, a record

Apr 1, 2024 9:42 am | News

ET Intelligence Group: By even the most generous of measures, $50 billion happens to be a lot of money – especially as a monthly shopping budget.But that’s the seemingly outlandish threshold overseas funds were close to overhauling last month in gross purchases of Indian stocks – thanks to mouth-watering valuations for a raft of large-cap shares, and brightening re-rating prospects for many after conclusion of the biggest democratic exercise on

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