FPIs invest ₹8,000 cr in Indian markets in just four trading sessions
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Foreign investors have infused close to ₹8,000 crore into Indian equities in the first four trading sessions of June as risk-on sentiment improved amid rapidly falling new COVID-19 cases and robust corporate earnings.
The inflow comes following a net withdrawal of ₹2,954 crore in May and ₹9,659 crore in April, data with depositories showed.
Going ahead, improvement in the scenario on the coronavirus front in the country and pick-up in the vaccination drive may attract higher FPIs investments, Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said.
Going ahead, improvement in the scenario on the coronavirus front in the country and pick-up in the vaccination drive may attract higher FPIs investments, Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said.
Read more about FPIs invest Rs 80 billion in Indian markets in just four trading sessions on Business Standard. FPIs have infused close to Rs 80 bn into Indian equities in the first four trading sessions of June as risk-on sentiment improved amid rapidly falling new Covid cases and robust corporate earnings