Foreign direct investment (FDI) equity inflows in India declined 7.7% to $9.5 billion in the July-September quarter of FY24, down from $10.3 billion a year ago. The total FDI inflows declined 7.8% to $15.3 billion in the second quarter of this fiscal year. Singapore and Mauritius were the top sources of FDI.
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“I hope people are coming in with their investment horizons intact, especially in the mid and small cap category. The near term strong return should not be playing on the minds of people.”
The last fiscal was the worst year for the Indian economy since Independence, but it was the best one for equity investors. What strategy should investors follow if there is a correction or a crash?