Page 22 - Manager Research News Today : Breaking News, Live Updates & Top Stories | Vimarsana

In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 lakh crore in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 lakh crore by FPIs in 2022.

Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period

In terms of sectors, FPIs are likely to buy banking which they have been selling during the last 3 months.

Foreign institutional investors net sold shares worth Rs 477.76 crore, while domestic institutional investors offloaded Rs 565.48 crore worth of stocks on November 17, provisional data from the National Stock Exchange showed.

Indian debt yields are comparatively higher than the US debt yields, making them more attractive to FPIs. With this, the total investment by FPIs in equity has reached Rs 97,405 crore and over Rs 47,800 crore in the debt market this year so far