Govt organizes North East Trade and Investment road show in Mumbai
The Ministry of Development of North Eastern Region (MDoNER) on Tuesday hosted the North East Trade and Investment road show in Mumbai for attracting potential investors.
Foreign portfolio investors (FPI) remained net buyers in August with total net investment of Rs 16,556 crore as per the NSDL data.
The net investment in the equities segment stood at Rs 2,083 crore, while that in the debt segment stood at Rs 14,376 crore, including those debt investments made through VRR. Further investments in hybrid securities, consisting of the investments in REITs and InvITs stood at Rs 97 crore.
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Further, during September 1-3 also FPIs remained net buyers. Total net FPI investments during the first three days of the month stood at Rs 7,743 crore, including Rs 4,787 crore in equities.
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Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities: “Going ahead, global investment continues to stay challenging. The market is focusing on the sustenance of growth in developed economies. As a result, global investors are looking at emerging markets to diversify risks and India cannot be ignored by global investors considering growth opportunities.”
During the week ended Friday, the Indian stock market climbed to new highs. On Friday, Sensex touched its all-time high of 58,194.79 points.
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