FPI Data: Foreign Investors Became Net Buyers For The First Time In 2023
FPI Data: Foreign investors became net buyers for the first time in 2023, and invested so many crores.
There has been a change in the trend of selling by foreign investors in the stock market. The reason for this is believed to be the investment made by American firm GQG Partners in Adani Group companies.
According to the data from the depositories, foreign portfolio investors have invested Rs 13,536 crore in the Indian stock market in the trading sessions so far in the month of March.
Earlier, foreign investors had sold Rs 5,294 crore in the month of February and Rs 28,852 crore in January.
FPI Data: Watch American Markets.
Talking to the news agency, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, says that the impact of SVB Bank’s sinking in the US can be seen in the stock market and FPIs are also cautious about this.
Also said that the figure of FPI investment remains positive due to an investment of Rs 15,446 crore in Adani shares from GQG.
The expectation of an interest rate hike.
Himanshu Srivastava, Associate Director-Manager Research at Morningstar India, said that to control inflation, interest rates are increasing in India along with the world.
The Indian stock market is well positioned to withstand external conditions vis-à-vis the world.
FPI net seller in 2023.
FPIs remain net sellers in 2023 so far. Foreign investors have sold Rs 20,606 crore in the sessions since the beginning of the year.
Sector-wise, at the beginning of February, FPIs were investing in the financial services and IT sectors, while at the end of February, they were selling in both sectors.
Soon there will be relief from inflation, the government is taking steps; RBI MPC member Ashima Goyal told the plan.
RBI Monetary Policy Committee (MPC) member Ashima Goyal said on Sunday that there could be a reduction in the inflation rate this year.
The government is constantly taking steps to fix the supply chain. Due to this, the prices in the country will increase at a slower rate than in other countries.
Goyal said in an interview with the news agency that India has successfully recovered from many shocks in the last three years. It is expected that the inflation rate will come down this year.
Inflation in India has been low as compared to other countries due to steps taken to repair the supply chain with the aim of reducing inflation
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