Indian markets go with the FIl flow
Mint Mumbai|June 26, 2023
With easing inflation, interest rates on pause and a relatively better macroeconomic position, India is in a sweeter spot than many Asian peers.
- Harsha Jethmalani
Indian markets go with the FIl flow

The benchmark index BSE Sensex hit an all-time intraday high of 63,601 on Thursday. The Nifty 50 is hovering near highs. But this appears to be more a case of the rising tide (read: sustained fund flows) lifting all boats.

"What we are seeing right now is a liquidity-driven rally, mainly because foreign institutional investors (FIIS) have made a comeback after a hiatus, and domestic institutional inflows have largely remained resilient," Nitin Bhasin, head of institutional equities at Ambit Capital, said. FIIs have been net buyers of Indian equities for the fourth month in a row in June. In 2023 so far, they have pumped 163,482 crore in Indian stocks, showed National Securities Depository Ltd data.

この蚘事は Mint Mumbai の June 26, 2023 版に掲茉されおいたす。

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この蚘事は Mint Mumbai の June 26, 2023 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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