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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