look news india
In the month of March, foreign portfolio investors (FPIs) have adopted an aggressive stance towards investing in the Indian stock market. Foreign funds up to Rs. 22nd of the current month. Net purchase of Rs 38,098 crore. This sharp surge in FPI investments is mainly due to favorable conditions for equities globally and strengthening macro factors locally.
Before this huge investment by FPIs in the Indian stock market in March, the net buying figure by FPIs in February was only Rs. 1,539 crore, whereas in January these investors received Rs. Net sales of Rs 25,743 crore. With this huge investment in March, the net investment figure to be made by FPIs in the Indian stock market in the year 2024 has reached Rs 2.5 crore. Has reached the level of Rs 13,893 crore. Apart from this, in the debt market also, FPIA will reach Rs. by the year 2024. Net investment of Rs 55,480 crore. According to experts, due to the recent correction in the market, FPIAs have increased their investments taking advantage of the value buying opportunity. Apart from this, better than expected GDP growth figures and expectation of reduction in interest rates by RBI in the coming time are also responsible for this increase in investment.
Experts also say that the inclusion of Indian bonds in the emerging markets index by Bloomberg is responsible for the increase in investments made by FPIs in Indian debt instruments. FPIA invested Rs. 500 crore in the Indian debt market in February. And Rs 22,419 crore in January. An investment of Rs 19,836 crore was made.