FPIs turn to the primary market amid soaring valuations in the secondary market

Foreign Portfolio Investors (FPIs) are increasingly investing in the primary market due to high valuations in the secondary market. This shift reflects a strategic move to capitalize on initial public offerings (IPOs) and fresh equity issues. FPIs' preference for primary market investments indicates a focus on long-term growth potential and favorable entry points. The trend highlights the evolving dynamics of investor behavior amid fluctuating market conditions.