Foreign Investors Infuse Rs 27,856 Crore into Indian Equities Amid Optimism

This month, foreign investors have infused Rs 27,856 crore into domestic equities due to Indian market resilience and US interest rate cut optimism. FPIs have been consistently buying since June after pulling out Rs 34,252 crore in April-May. The US Federal Reserve's upcoming decision on interest rates will impact future investments.


Devdiscourse News Desk | New Delhi | Updated: 15-09-2024 12:11 IST | Created: 15-09-2024 12:11 IST
Foreign Investors Infuse Rs 27,856 Crore into Indian Equities Amid Optimism
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Foreign investors have injected Rs 27,856 crore into India's domestic equities in the first half of this month. The inflow is attributed to the resilient Indian market and growing optimism that the US Federal Reserve will cut interest rates.

Foreign Portfolio Investors (FPIs) have shown consistent buying activity since June, reversing their earlier withdrawal of Rs 34,252 crore during April-May.

The upcoming decision by the US Federal Reserve on interest rates is expected to be a significant factor in shaping the future trajectory of FPI investments in Indian equities. With current data showing FPIs' net investment in equities at Rs 27,856 crore till September 13 and an overall Rs 70,737 crore for the year, the stakes are high.

(With inputs from agencies.)

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