FPI: After withdrawing money from Indian stock markets for two consecutive months, foreign portfolio investors (FPIs) have once again become buyers in November. FPIs have made a net investment of Rs 36,329 crore in Indian stock markets in November amid weakness in the US dollar index and India’s overall macro economic outlook being positive.
FPI investment has increased in total three months this year
This is the third month (July, August and November) this year when FPI investment flows have been positive. Apart from this, the month of December has also started with a positive attitude.
what do economic experts say
“Going forward, FPI inflows are expected to be positive in December. However, the trend of FPIs may shift from costlier stocks to value-delivering stocks,” said Anita Gandhi, whole-time director and head of institutional business at Arihant Capital. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said that India will get its share of FPI investment. However, this may be affected due to the high valuations.
Know this year’s FPI investment figures
According to depository data, FPIs have netted Rs 36,329 crore in stocks in November. Earlier in October, FPI had withdrawn eight crore rupees from the shares. In September, FPIs were sold worth Rs 7,624 crore. Whereas in August, FPI bought shares worth Rs 51,200 crore. In July, he had bought Rs 5,000 crore. Earlier, from October last year, FPIs were net sellers for nine consecutive months.
So far this year, FPI has withdrawn Rs 1.25 lakh crore from stocks. According to the data, FPI has withdrawn Rs 1637 crore from the loan or bond market during the period under review. Apart from India, FPI cash flow has been positive in emerging markets like Philippines, South Korea, Taiwan, Thailand and Indonesia.
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