FPIs inject Rs 8,500 crore into Indian equities, showing renewed confidence in India’s economy amid global slowdown.

Foreign Portfolio Investors (FPIs) have shown renewed confidence in India’s economic resilience as they injected almost Rs 8,500 crore into Indian equities last week. This influx of funds comes at a time when there are expectations of slower growth in the United States and China, with India projected to grow at 6 per cent. The FPI interest in Indian equities is particularly focused on domestic consumption-led sectors, indicating a positive outlook on the country’s economic prospects. This surge in FPI investments highlights the attractiveness of the Indian market for foreign investors and underscores the potential for growth in key sectors.

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