FPIs inject Rs 8,500 crore into Indian equities as confidence in India’s economy grows amid global slowdown.

Foreign Portfolio Investors (FPIs) have shown renewed interest in Indian equities by injecting approximately Rs 8,500 crore last week, indicating a vote of confidence in India’s economic stability. This influx of funds comes at a time when the growth outlook for the U.S. and China is subdued, with India expected to grow at 6 per cent, making it an attractive destination for FPIs. The focus has shifted towards domestic consumption-led sectors, with investors eyeing opportunities in various industries. The return of FPIs to Indian markets reflects positive sentiment and belief in the country’s long-term growth prospects.

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