๐ฐ Top foreign funds outpace Nifty and Sensex gains
Top Foreign Portfolio Investors (FPIs) saw significant portfolio value increases in the June quarter. This performance was noted by a Prime Database study covering various overseas investors in Mumbai. At least 75% of the top 20 FPIs gained between 10% and 37%, surpassing the Sensex's 6.3% and Nifty's 6.8%. This success was attributed to smart stock picking, favoring mid- and small-cap stocks over index-heavy ones. These strong returns highlight India's growing appeal amidst global market volatility. ๐