“FPIs inject Rs 8,500 crore in Indian equities as confidence in economy grows amid global slowdown fears”

Foreign Portfolio Investors (FPIs) have shown renewed confidence in India’s economic resilience by injecting nearly Rs 8,500 crore into Indian equities last week. This influx of funds comes at a time when the U.S. and China are facing expectations of subdued growth, while India is projected to grow at 6 per cent, making it an attractive destination for FPIs. The investors are particularly interested in domestic consumption-led sectors, as they anticipate growth in these areas. This positive trend in FPI investments indicates a vote of confidence in India’s economic prospects and showcases the country’s appeal to international investors.

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