Foreign investors are once again visible in the Indian stock market. So far in November, he has invested Rs 31,630 crore in the stock markets.
Fpi Foreign Portfolio Investors
Indian Share Market : The selling phase in the Indian stock market seems to be coming to an end. Last week, BSE Sensex has touched a record high. as well as foreign investors (Foreign Investors) has once again started making a comeback in the Indian stock market. So far in November, he has invested Rs 31,630 crore in the stock markets. Analysts say that after selling their shares in August and September, there is no possibility of major selling by FPIs going forward. End of cycle of aggressive interest rate hike likely, moderation in inflation, better than expected macroeconomic data from US and Indian economy (Indian EconomyBecause of the fighting ability of ) FPIs are investing money in Indian stocks.
According to the depository data, during November 1 to 25, FPIs have invested a net Rs 31,630 crore in shares. Earlier in October, he had withdrawn Rs 8 crore and in September Rs 7,624 crore. FPIs were net sellers of Rs 51,200 crore in August. And in July, he bought shares worth Rs 5,000 crore. Earlier, from October 2021, FPIs were sold for nine consecutive months.
Shrikant Chauhan, head of equity research (retail), Kotak Securities, said that due to geopolitical concerns, the FPI trend may remain volatile in the near future. So far this year, FPI has pulled out Rs 1.37 lakh crore from stocks.
FPI flow is excellent
Himanshu Srivastava, Associate Director-Manager Research, Morningstar India, said that the reason for the increase in FPI flow in November is the rise in the stock markets, the Indian economy and the stability of the rupee. In the period under review, FPIs have withdrawn Rs 2,300 crore from the debt or bond market. Apart from India, the flow of FPI in the markets of Philippines, South Korea, Taiwan and Thailand has also been excellent this month.
fall in inflation
According to data from the Ministry of Commerce & Industry, the wholesale inflation rate declined to 8.39 per cent in October from 10.70 per cent in September. A decline was also recorded in the Retail Inflation Rate in October. The retail inflation rate stood at 6.77 per cent in the month of October, which was 7.41 per cent in the month of September.
English News Headline : Foreign investors bought shares worth Rs 31,630 crore in Indian Share Market.
Source: www.tv9hindi.com”