FPI buying helped the 12-stock Bank Nifty index outperform the broader Nifty 50 in April. While Nifty trades 4.55% away from its record high of 18,887.6 points, Bank Nifty trades just 2.2% off its record high of 44,151.8.
The April purchase was the highest for FPIs since their ₹36,239 crore investment last November, which drove Nifty to a record 18,887.6 on 1 December. Against this, domestic institutional investors (DIIs), including mutual funds invested just ₹2,217 crore in April.
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Denne historien er fra May 01, 2023-utgaven av Mint Mumbai.
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