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Fund has picked up shares in only 2 firms via block deals
Financial Express Hyderabad
|June 03, 2025
Fund has picked up shares in only 2 firms via block deals
NORGES BANK INVESTMENT Management (NBIM), the largest foreign portfolio investor (FPI) in India with a $30.5-billion portfolio, has done only two bulk deals—Nazara Technologies and PNB Housing Finance—in the first five months this year.
In 2024, the fund had added 101 Indian companies to its portfolio, including Cipla, Mankind Pharma, Ambuja Cements and Welspun Living. It also sold a few, including Bajaj Electricals. Given its size, the fund mostly buys in bulk.
NBIM, the investment management division of the Norwegian Central Bank, has $1.72 trillion in assets globally as of March this year.
Cette histoire est tirée de l'édition June 03, 2025 de Financial Express Hyderabad.
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