Foreign investors are positive, despite falling stock market, foreign investors are positive, in September invested Rs 12,0

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Foreign investors are positive, despite falling stock market, foreign investors are positive, in September invested Rs 12,0


Photo:FILE FPI

Stock Market: Foreign portfolio investors (FPIs) have invested Rs 12,000 crore in the Indian stock markets so far in the month of September. His investments are based on projections that central banks around the world, especially the US Federal Reserve, may take a somewhat softer stance on interest rate hikes amid softening inflation. According to depository data, between September 1 and September 16, foreign portfolio investors have invested Rs 12,084 crore in Indian stock markets.

Remain a net investor

FPIs remained net buyers on expectations of continued economic growth. Himanshu Srivastava, Associate Director-Managing Research, Morning Star India, said, “Foreign investors are investing in Indian stock markets on the expectation that the global central bank, especially the Federal Reserve, may take a softer stance on rate hikes as inflation starts to decline. According to these figures, FPIs had invested Rs 51,200 crore in Indian markets in August and about Rs 5,000 crore in July.

Money was withdrawn for nine months

FPIs became net buyers in July after exiting the Indian stock markets for nine consecutive months. Earlier, between October 2021 and June 2022, FPIs had withdrawn about Rs 2.46 lakh crore from the Indian stock markets. Shrikant Chauhan, Head (Equity Research – Retail), Kotak Securities, said the FPIs will remain volatile in the times to come in view of monetary tightening, rising inflation and geopolitical concerns.

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