FPIs inject Rs 8,500 crore into Indian equities, showing confidence in economy's resilience amid global slowdown.

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. Th

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 experiencing subdued growth, with India projected to grow at 6 per cent. FPIs are now turning their attention to domestic consumption-led sectors in India, attracted by the country's growth prospects. This move indicates a positive outlook on the Indian economy and its potential for growth in the coming months.