Categories: Business

FPIs invest Rs 41,330 cr in India markets in Aug so far

Photo: GOOGLE

FPI Investment

new Delhi. Foreign investors remain confident of Indian markets. So far in August, investors have invested a net Rs 41,330 crore in India. Governments and central banks around the world announced relief measures to deal with the epidemic, leading to increased liquidity in the market. For this reason, the flow of investment in markets like India has also increased.

According to the data released, FPI has made a net investment of Rs 40,262 crore in the equity market and Rs 1068 crore in the debt market between August 3 and August 21. FPIs remained net investors in the last two months as well. He made a net investment of Rs 3301 crore in July and Rs 24053 crore in June. According to Himanshu Srivastava, Associate Director of Morning Star, there is a huge amount of cash available in the markets around the world, and India is benefiting from this along with other emerging economies. According to him, these emerging markets are doing better, and they are also giving better returns to investors. He also said that when the level of liquid in foreign markets remains, investment in India will also continue.

On the other hand, the opening of business activities in the domestic economy has also shown positive signs among investors. On the other hand, Groww co-founder Harsh Jain informed that FPIs are now investing in midcap and smallcap stocks along with blue chip. Given the economic uncertainty, so far foreign investors were preferring to invest only gold or blue chip stocks. At the same time, he said that after 4 months of lockdown, there is a big picture about the economy and it is much better than the previous fears.

This post was published on August 24, 2020 12:04 am

Content Team

Recent Posts

Ban on gaming apps hopes for opportunity for domestic sector

Photo: MEDIATEK online gaming new Delhi. The government has banned 118 apps keeping in mind the security of the country.…

India august gold imports double to hit 8 months peak says source

Photo: TIMESOFINDIA gold import at 8 months high new Delhi. The economy is now looking forward to a gradual recovery.…

Coal India Q1 profit plunges 55 percent YoY

Photo: GOOGLE Coal India Q1 result new Delhi. Coal India's profit fell 55 per cent in the first quarter to…