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Markets News: NEW DELHI: Foreign portfolio investors (FPIs) continued to invest in Indian equities for a fourth straight month as they injected Rs 16,405 crore in J.
Foreign portfolio investors (FPIs) continue to show interest in the Indian equities market, having invested Rs 16,405 crore in June so far on the country's economic rebound and positive growth outlook. FPI flows have gained momentum following a nine-month high of Rs 43,838 crore in equities in May. Sectorwise, capital goods, automobiles, auto components, and financials continue to be in favour among FPIs, while they are sellers of IT, metals, power, and textiles stocks. FPI investment is expected to continue thanks to positive corporate earnings, supportive policy environment, and ongoing econ...
Foreign portfolio investors (FPIs) continued to invest in Indian equities for a fourth straight month as they injected Rs 16,405 crore in June so far on the country's strong economic rebound and positive growth outlook.
FPI flows touched a nine-month high of Rs 43,838 crore in equities in May, Rs 11,631 crore in April, and Rs 7,936 crore in March, data with the depositories showed.
According to the data, FPIs invested a net sum of Rs 16,406 crore in Indian equities during June 1-16