FPI Investment: Foreign portfolio investors (FPIs) continue to invest in Indian stock markets. He has infused Rs 9,800 crore in the Indian stock markets so far in June. Due to the strong growth of Indian economy and attractive valuation of shares, foreign investors are investing money in Indian markets.
FPIs invested Rs 43,838 crore in the Indian stock market in May
Earlier, he had infused Rs 43,838 crore in shares in May. This was a nine-month high for his investment. His investment in stocks stood at Rs 11,630 crore in April 2023 and Rs 7,936 crore in March. Earlier in January-February, he had withdrawn Rs 34,000 crore from stocks.
What Morningstar India has to say
Himanshu Srivastava, Associate Director-Manager Research, Morningstar India, said that Indian stock markets are continuously climbing. In such a situation, valuation can be a matter of concern for FPIs going forward. Also, due to strict regulatory rules, there may be some restriction on the flow of foreign funds in the Indian market.
What do the depository data say
According to the depository data, during June 1 to 9, FPIs have netted Rs 9,788 crore in stocks. Apart from stocks, FPIs have invested Rs 592 crore in the debt or bond market during the period under review. So far this year, foreign investors have invested Rs 39,000 crore in stocks and Rs 8,100 crore in the bond market.
how was business last week
In the last and second consecutive trading session of the week, the Indian stock market closed with a decline. Despite good global cues, investors booked profits in the market. Due to which, at the end of today’s trading, the BSE Sensex closed down by 223 points at 62,625 and the National Stock Exchange’s Nifty closed down by 71 points at 18,563 points.
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