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Home»Uncategorized»FPIs net buyers at Rs 16,305 cr so far in Sept.
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FPIs net buyers at Rs 16,305 cr so far in Sept.

whatnewsBy whatnewsSeptember 19, 2021Updated:September 19, 2021No Comments2 Mins Read
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As of September, foreign investment portfolio investors (FPI) are still net buyers in the Indian market, with a net investment of 163,050 crore rupees.
According to custodian data, between September 117, net foreign investors invested 112,870 crore in stocks and 50,180 crore in debt.
August FPI investment was 164,590 crore rupees
Himanshu Srivastava, deputy director of Morningstar India Research, pointed out that investment in Indian stocks has been volatile for some time.
“However, for FPI, the continued rebound in the Indian stock market is difficult to ignore, and they will choose to be a part of it rather than miss it,” he said.
In addition, India remains an important and competitive investment destination in the long run, Srivastava added. V K Vijayakumar, chief investment strategist at Geojit Financial Services, said that 4,444 FPIs showed interest in areas such as hotels and tourism because they performed well.
He went on to say that there are some profit bookings in areas such as metals and insurance, and the value has increased significantly.
Shrikant Chouhan, Executive Vice President of Kotak Securities’ Equity Technology Research Department, said that as of September 2021, all emerging markets have FPI inflows.
“Funds flowing into Taiwan, South Korea, Thailand, Indonesia, and the Philippines were US$2.597 billion, US$535 million, US$290 million, US$162 million, and US$71 million, respectively,” he added.
Chouhan said that as the Fed tightens its quantitative easing policy, the inflow of FPI into the Indian stock market may decline.

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