IPO Mania! Foreign investors prefer public offers even as they sell stocks worth₹20,000 crore. Here's why

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Overseas investors are shifting focus to the IPO market, investing ₹13,760 crore in IPOs despite withdrawing ₹20,262 crore from local equities in July. In the current year so far, FPIs have invested ₹35,747 crore in the primary market.