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FPI Data: FPI has invested Rs 26505 crore so far in December, know in which sector it purchased
FPI Data: Foreign portfolio investors have so far invested a total of Rs 26505 crore in the stock market in the six trading days of December. In October, FPI had infused Rs 9000 crore into the market. Earlier in August and September, FPIs had withdrawn a total of Rs 39300 crore from the market. Experts say that FPIs may invest more next week.
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“FPI Data: FPI has invested Rs 26505 crore so far in December, know in which sector it purchased”
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en.sangritimes.com
10 Dec 2023
Foreign portfolio investors (FPIs) have invested a total of Rs 26,505 crore in the stock market in the 6 trading days so far in December. Earlier in October, FPI had injected Rs 9000 crore into the market.
Before investment, FPIs had withdrawn a total of Rs 39,300 crore from the market in August and September. According to experts, FPIs may continue their investments in the coming week.
VK Vijayakumar, chief investment strategist at Geojit Financial Services, told PTI,
“Signs of political stability after the 2024 general elections, strong growth momentum in the Indian economy, moderation in inflation, sustained decline in US bond yields and improvement in Brent crude have turned the tide in India's favour.”
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