After becoming net buyers last month, foreign investors have shown tremendous enthusiasm for the Indian stock markets in August as well. Foreign Portfolio Investors (FPIs) have invested about Rs 44,500 crore so far in August.
Foreign investors have shown tremendous enthusiasm for the Indian stock markets in August as well.
After becoming net buyers last month, foreign investors have shown tremendous enthusiasm for the Indian stock markets in August as well. Foreign Portfolio Investors (FPIs) have invested about Rs 44,500 crore so far in August. in America Dearness His confidence in the Indian markets increased amidst the fall and the fall in the dollar index. According to depository data, FPIs made a net investment of around Rs 5,000 crore in the month of July.
FPIs sold massively for nine consecutive months, after which they became net buyers for the first time in July. Earlier, between October 2021 and June 2022, he had made huge sales of Rs 2.46 lakh crore in the Indian equity markets.
What do experts say?
Kotak Securities Head – Equity Research (Retail) Shrikant Chauhan said that FPI inflows will remain volatile in the coming months. However, arrivals in emerging markets are expected to improve due to rising inflation, tightening monetary policy and easing concerns about quarterly results.
On the other hand, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said capital inflows in the near term will be mainly influenced by the dollar movement.
Highest investment so far in the current year
According to depository data, FPIs have made a net investment of Rs 44,481 crore in Indian equities between August 1 and 19. This is his highest investment so far in the current year.
Let us tell you that the market capitalization of five companies in the top 10 in the stock market has decreased by Rs 30,737.51 crore last week, in which Reliance Industries Limited has suffered the most. The Sensex has gained 183.37 points or 0.30 per cent in the last week. Reliance Industries, Tata Consultancy Services, ICICI Bank, State Bank of India and Bajaj Finance have declined during this period.
At the same time, the direction of the stock markets will be decided this week by the global trends, the attitude of foreign investors and the movement of the rupee. Analysts have said this. Santosh Meena, Head of Research, Swastika Investmart Ltd said that this week the August futures and options (F&O) deals will be completed, where the bulls are looking for rest after the gains in the August series.
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