Foreign Portfolio Investors (FPIs) have offloaded Rs 27,142 crore from Indian equities during the first three trading days of October 2024. This significant withdrawal has been attributed to escalating geopolitical tensions, rising crude oil prices, and a robust rebound in the Chinese markets.

FPI outflows hit Indian equities amid geopolitical tensions, Chinese market surge

In a crucial turn of events, foreign investors have poured approximately Rs 33,700 crore into Indian equities throughout September 2024. This surge is largely attributed to the recent interest rate cut by the US Federal Reserve and the resilience of the Indian market.

Foreign Investors inject Rs 33,700 crore into Indian equities, market hits record highs, amid US rate cut

In a resounding endorsement of India's economic prospects, global investors have propelled foreign portfolio inflows into Indian stocks to remarkable heights. December witnessed an influx of 6.92 billion dollars, marking the second-highest level ever and affirming India's allure amid global uncertainties. We talk to author Monika Halan for more perspective.

Foreign portfolio investors give a thumbs up to India

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