Foreign portfolio investors (FPIs) turned buyers in India's markets, investing Rs 26,565 crore in equities in June, reversing two months of selling.
Foreign portfolio investors (FPIs) have turned buyers in India's markets, investing Rs 26,565 crore in equity in June, reversing their strategy of selling in the two preceding months. Market watchers attribute this change to political stability and a rebound in markets aided by retail buying. FPI buying can sustain provided there is no sharp upward move in US bond yields.
June 29, 2024
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