NEW DELHI: Foreign investors have made a strong comeback to Indian equities with a net investment of Rs 22,766 crore in the first two weeks of December driven by expectations of rate cut by the US Federal Reserve.
This revival follows significant outflows in the preceding months, with Foreign Portfolio Investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October -- the worst monthly outflow on record.
Interestingly, September had marked a nine-month high for FPI inflows, with a net investment of Rs 57,724 crore, highlighting the volatility in foreign investment trends.
With the latest inflow, FPI investment has reached at Rs 7,747 crore in 2024 so far, data with the depositories showed.
Denne historien er fra December 16, 2024-utgaven av Millennium Post Delhi.
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Denne historien er fra December 16, 2024-utgaven av Millennium Post Delhi.
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