FPI Investment: After withdrawing investments for two consecutive months, Foreign Portfolio Investors (FPIs) have invested Rs 7,936 crore in the Indian stock market in March. FPI inflows have been positive in March as US-based GQG Partners infused money into Adani group companies.
What do economic experts say
Advice from Financial Experts
Vijayakumar said, "The near term outlook for FPIs now looks more positive. Even though Indian valuations remain relatively high, the ‘correction’ As a result of which the assessment has become somewhat correct." He said that due to the increase in exports, the current account deficit (CAD) situation has improved. In such a situation, FPIs may not sell aggressively further.
Indian rupee likely to remain stable going forward
FPI also pulled out investment from debt or bond market
In the period under review, FPI has also withdrawn Rs 2,505 crore from the loan or bond market. He infused Rs 3,531 crore in the bond market in January and Rs 2,436 crore in February.
Market Capitalization: Nine out of top 10 Sensex companies gained, market cap increased by Rs 2.34 lakh crore
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