FPIs pump Rs 20,200 cr into Indian equities in July, ending 4-month selloff
Foreign portfolio investors made a strong comeback to Indian equity markets in July after four consecutive months of net outflows. They channelled Rs 20,200 crore into Indian stocks during the month, marking a significant shift in sentiment. The renewed interest was driven by attractive stock valuations and improving corporate earnings performance. FPIs also demonstrated considerable appetite for Indian debt instruments during the same period. Going forward, a combination of global developments and domestic economic events is expected to shape the direction of foreign investment flows.
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