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FIIs are showering India with billions. Why are Nifty stocks missing the party?

As reported by Stocks-Markets-Economic Times
Despite foreign investors infusing billions into Indian equities, benchmark indices struggle to keep pace. Inflows in the primary market are notable but fail to directly uplift listed stocks. Selective purchases are occurring in large mid-cap stocks while financials and IT remain ignored. Domestic investors are a crucial pillar for market resilience, necessitating consistent secondary market activity for a comprehensive rally.
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