FPIs are back, but the market breakout may have to wait

On 26 August, block deals of over ₹10,300 crore were executed across Billionbrains Garage Ventures (Groww), PhysicsWallah and Lenskart, among others, said Kanchan. “Large domestic mutual funds, insurers and pension money such as NPS Trust bought into the Lenskart block, while select foreign investors like Goldman Sachs also participated in the PhysicsWallah deal.”