FPIs add ₹23,544 cr to Indian equities in Aug on earnings, rupee stability
The inflow comes after FPIs invested ₹20,200 crore in July, marking a sharp turnaround from four consecutive months of heavy selling and signalling renewed confidence in Indian equities
Foreign Portfolio Investors (FPIs) have invested ₹23,544 crore in Indian equities in August. This follows a ₹20,200 crore investment in July, marking a turnaround from four months of heavy selling. According to Business Standard, this signals renewed confidence in Indian equities.
The investment inflow comes after a period of significant outflows.
The Economic Times discussed investment strategies for NRIs looking to invest in India, but this does not relate to FPI investment.
Brief written by urgent.news from Business Standard IN, The Economic Times - Top News — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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