Swiggy, Eternal, Jio Financial allure HNI investors even as Nykaa, Premier Energies lose charm

Indian high net-worth individuals invested in Swiggy, Eternal, and Jio Financial Services during the March quarter. They exited Nykaa and Premier Energies. HNI holdings in NSE-listed firms decreased by Rs 1.02 lakh crore. Nitco Ltd. saw a significant increase in HNI stake. UBS maintains a positive outlook on Indian equities. Foreign institutional investors have been net buyers recently.