Foreign investors show confidence, infusing Rs 14,167 crore in May so far
So far in May, the foreign investors continue to show confidence in the equity market, infusing Rs 14,167 crore.
So far in May, the foreign investors continue to show confidence in the equity market, infusing Rs 14,167 crore.
Foreign investors have infused Rs 17,425 crore in equity markets last week, data from the depositories said.
In the equity markets last week, foreign investors infused nearly Rs 8,500 crore, data from the depositories said.
In April so far, the foreign investors have pulled out Rs 31,575 crore from equity markets in the wake of turbulence from tariffs imposed by the US.
Foreign investors withdrew ₹10,355 crore from equity markets in the last four trading sessions in April due to sweeping tariffs imposed by the US on most nations, including India.
The development comes amid the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts.
In July, foreign investors infused Rs 32,365 crore into Indian equities on the back of expectation of continued policy reforms and sustained economic growth and better-than-expected earnings season.
As per the data with the depositories, Foreign Portfolio Investors (FPIs) have made a net inflow of Rs 30,772 crore in equities this month (till July 19).
This is a strong comeback after a steep decline in the FPI investment amid uncertainty over election results in May.
This owes it to uncertainties about the outcome of the general elections and attractive valuations of Chinese markets.