India, June 6 -- In May, foreign institutional investors (FIIs) and domestic institutional investors (DIIs) collectively infused nearly Rs. 80,000 crore into Indian equities, supported by consistent buying from retail investors and high-net-worth individuals (HNIs).
However, a wave of high-profile block deals has triggered concerns over insider sentiment, particularly given the elevated market valuations. Market experts view this selling trend amid lofty valuations as a potential warning sign. InterGlobe Aviation Limited
Leading the list of major block deals, Rakesh Gangwal, co-founder of IndiGo, along with The Chinkerpoo Family Trust, offloaded a 5.72 percent stake in InterGlobe Aviation via open market transactions, raising Rs. 11,564 cr...