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nifty 50: FPIs investment hits 10-month high of Rs 47,148 cr in Jun

Foreign Portfolio Investors (FPIs) have made a record-high investment of Rs 47,148 crore in Indian equities in June, encouraged by the country s improving macroeconomic situation. However, FPI inflows may slow in July due to the US Federal Reserve s recent comments. FPIs are expected to be cautious because valuations in India are considered high in the short term. The sustained FPI flows are attributed to India s positive domestic indicators, including strong monsoon activity, as well as concerns over China s economic recovery and uncertainties in the US and UK. FPIs have also invested in sectors such as finance, automobiles, and capital goods. ....

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