New Delhi, Oct. 6 -- The Indian stock markets have been trading within a narrow range over the past year, despite several fiscal and monetary measures aimed at bolstering growth. The domestic benchmark indices, Nifty 50 and Sensex, have faced substantial pressure, grappling with significant volatility.

Contributing factors to the Indian market's underperformance compared to key global markets since September 2024 include sharp selling by foreign institutional investors (FIIs), geopolitical headwinds, and a weak rupee (INR).

One interesting trend observed is that, with muted returns in the secondary market, investors have increasingly turned their attention to the primary market. According to data from the NSDL, Foreign Portfolio Investo...