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.
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