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The United States Of 2 Americas

Value of FPI stock holdings soar by $105 bn in Sept-March: Report

Value of FPI stock holdings soar by $105 bn in Sept-March: Report PTI Mumbai | Updated on × India only market to have seen net positive inflows during the year, despite a dip in March: BoFA Securities The value of foreign portfolio investors (FPI) holdings in domestic equities reached a record $555 billion in 2020-21, a whopping $105 billion growth between September 2020 and March 2021, according to a report. Against this, the value of holdings by domestic institutional investors (DIIs) at $203 billion was not even half, according to the data compiled by Bank of America (BofA) Securities. FPIs have put more money into the markets since then, having invested a net of $7.2 billion till April 16 (year-to-date 2021), making the country the only market that has seen net positive inflows in the year, despite a dip in March when it slowed to $1.4 billion from $3.5 billion in February and $2.2 billion in January.

Opinion: The United States of Two Americas

The United States of 2 Americas Commentary If you haven’t noticed, the United States is re-organizing itself into two Americas Blue and Red. Although there is a President of the United States, the state governors are in many ways now driving the national narrative in this new America. The president and the vice president are who they are now because six Republican-controlled states forwarded questionable electoral votes, and Vice President Pence missed a historic opportunity to challenge those votes. The current president and vice president seem trapped in foggy and abstract ideological slogans rather than providing executive leadership. Vague generalities and virtue signaling are not replacements for executive leadership.

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