FPIs flood Indian equity markets, infuse Rs 1.5 trn despite uncertainty
FPIs made a net infusion of Rs 25,752 crore in equities in 2021, Rs 1.7 trillion in 2020, which was the best year, and Rs 1.01 trillion in 2019.
In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 trillion in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024.
This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 trillion by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years.
Going forward, as the general elections approach next year, political stability and economic growth will become focal poin...