Foreign portfolio investors continue buying spree in Indian stock markets - Times of India

Category: Finance

Foreign portfolio investors (FPIs) have invested Rs 32,365 crore in the Indian stock markets in July, following Rs 26,565 crore in June. This surge has driven market indices to new highs, with the Nifty index surpassing 25,000 for the first time. The increase in FPI activity is linked to strong GDP growth, controlled inflation, and favorable monsoon conditions. However, concerns about India's valuation as the most expensive emerging market may lead FPIs to withdraw funds. Analysts suggest FPIs will focus on sectors benefiting from domestic reforms while remaining cautious of global economic downturns.

Keywords: Foreign Portfolio Investors, Indian Stock Market, FPI Inflows

Source: Times of India

Update At: 8/5/2024

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