Foreign investors invested heavily in the Indian market, bought shares worth Rs 12,000 crore so far this month

Foreign portfolio investors (FPIs) have invested Rs 12,000 crore in the Indian stock markets so far in the month of September. His investments are based on speculations that central banks around the world, especially the US Federal Reserve, may take a somewhat softer stance on interest rate hikes amid softening inflation. According to depository data, between September 1 and September 16, foreign portfolio investors have invested Rs 12,084 crore in Indian stock markets. FPIs have remained net buyers on the back of expectations of continued economic growth.

What do experts say?

Himanshu Srivastava, Associate Director-Managing Research, Morning Star India, said foreign investors are investing in Indian stock markets on the expectation that the global central bank, especially the Federal Reserve, may take a softer stance on rate hikes, as inflation declines. has started. According to these figures, FPIs had invested Rs 51,200 crore in the Indian markets in August and about Rs 5,000 crore in July.

FPIs became net buyers in July after exiting the Indian stock markets for nine consecutive months. Earlier, between October 2021 and June 2022, FPIs had withdrawn about Rs 2.46 lakh crore from the Indian stock markets. Shrikant Chauhan, Head (Equity Research-Retail), Kotak Securities said that the FPIs will remain volatile in the times to come in view of monetary tightening, rising inflation and geopolitical concerns.

Let us tell you that the market capitalization of six of the 10 most valuable companies has decreased by Rs 2,00,280.75 crore last week. Among them, Tata Consultancy Services (TCS) and Infosys have suffered the most. Last week, the Sensex had fallen by 952.35 points, or 1.59 per cent. During this period, there has been a decrease in the market capitalization of Reliance Industries, TCS, HDFC Bank, Hindustan Unilever, Infosys and HDFC. On the other hand ICICI Bank, State Bank of India, Adani Transmission and Bajaj Finance have benefited.

The market capitalization of TCS has declined by Rs 76,346.11 crore to Rs 11,00,880.49 crore in the week under review. The market capitalization of Infosys declined by Rs 55,831.53 crore to Rs 5,80,312.32 crore.

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