"Foreign Portfolio Investors pour Rs 8,500 crore into Indian equities as confidence in economic growth rises"
Foreign Portfolio Investors (FPIs) have made a comeback in Indian equities, pouring in around Rs 8,500 crore last week, indicating a restored faith in India's econom
Foreign Portfolio Investors (FPIs) have made a comeback in Indian equities, pouring in around Rs 8,500 crore last week, indicating a restored faith in India's economic stability. This surge in investments is happening at a time when growth forecasts for the U.S. and China are subdued, contrasting with India's projected 6 per cent growth rate. The FPIs are particularly showing interest in sectors driven by domestic consumption, drawn by the potential for growth in the Indian market.