foreign investors His heart has once again turned to the Indian stock market. He is investing heavily in the market. Its effect is being seen in the Indian stock market. The momentum has returned to the Indian market. Foreign portfolio investors (FPIs) have infused a net Rs 11,630 crore into Indian equity markets in April amid fair valuation of shares and appreciating rupee, according to stock market data. Earlier, FPIs had invested a net Rs 7,936 crore in stocks in March. However, most of this investment was made by US-based GQG Partners in Adani group companies. If GQG’s investments in Adani group companies are removed, then the FPI investment flow will remain negative in the last month as well.
FPI flows will remain volatile
Sonam Srivastava, founder of investment advisory company Wright Research, said that going forward, the tight monetary policy of the US Federal Reserve will keep FPI flows volatile. He said that the Federal Reserve has indicated to increase the interest rate by 0.25 per cent in the upcoming meeting, which may affect the flow of FPI. According to the depository data, FPIs have infused a net Rs 11,630 crore in stocks in the first month of the current financial year. FPI buying activity remained strong in the first fortnight of April, indicating confidence in the Indian stock market.
FPI sentiment affected in the third week
However, rising interest rates and weak economic indicators in the US weighed on FPI sentiment in the third week of the month. Fizzdom co-founder Anand Dalmia said that in the last few days of April, FPIs again bought aggressively. Hence, their investment flows are expected to continue in the long term. Apart from equities, FPIs have invested Rs 805 crore in the debt or bond market during the period under review.
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