FPIs investment hits 10-month high of Rs 47,148 Cr in June
According to the data, FPIs invested a net sum of Rs 47,148 crore in Indian equities in June.
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According to the data, FPIs invested a net sum of Rs 47,148 crore in Indian equities in June.
Foreign Portfolio Investors (FPIs) have made a record-high investment of Rs 47,148 crore in Indian equities in June, encouraged by the country's improving macroeconomic situation. However, FPI inflows may slow in July due to the US Federal Reserve's recent comments. FPIs are expected to be cautious because valuations in India are considered high in the short term. The sustained FPI flows are attributed to India's positive domestic indicators, including strong monsoon activity, as well as concerns over China's economic recovery and uncertainties in the US and UK. FPIs have also invested in sect...
Foreign Portfolio Investors (FPIs) have pumped Rs 47,148 crore in the Indian equities in June, making it the highest inflow in 10 months, enthused by the country's steadily improving macroeconomic fundamentals. However, inflows in July may be subdued as FPIs might adopt cautious stance due to the recent comments from the US Federal Reserve, Mayank Mehraa, Smallcase manager and
According to the data, FPIs invested a net sum of Rs 47,148 crore in Indian equities in June.
This came after a net investment 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.