INDIA MARKET LENS
IPO◆ Mixed

FIIs invest $22 billion in IPOs, dump $50 billion in listed stocks: Why the sharp contrast?

Motilal Oswal moved higher.

· Business Today Mkts

Foreign investors invested $22 billion in India's primary market but withdrew $50 billion from listed stocks over two years, Motilal Oswal reported. The sharp divergence raises questions about why FIIs favour new share issuances while continuing to sell existing equities.

Against that, the stock is +0.8% on the day at ₹1,156.50, and has returned +30.2% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The capital markets sector has moved +3.1% over the same period, so Motilal Oswal is running 27.1 points ahead of its peers.

For Motilal Oswal, the question is how much of this is already reflected in the price and how much re-rates the capital markets peer set alongside it.

  • In focus: Motilal Oswal (MOTILALOFS), in Capital Markets.
  • Over three months: Motilal Oswal +30.2% against Capital Markets +3.1% (27.1 points ahead).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
Motilal OswalMOTILALOFS · Capital Markets₹1,156.50+0.8%+12.7%+30.2%0.0%1.8×—

Capital Markets

1M +7.8% · 3M +3.1%

Motilal Oswal

Prices as of 11 Nov 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.

MOTILALOFSCapital Markets