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  • Foreign investors shun LIC IPO over market risks
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Foreign investors shun LIC IPO over market risks

Around Odisha Bureau4 years ago01 mins

Mumbai, 9/5: Foreign institutional investors have on the whole steered clear of India’s biggest share sale, deeming it too expensive given currency risks and the global market backdrop.

 

Foreign institutional funds have put in orders for merely 8% of the shares set aside for all institutional buyers.

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