Business

FPIs turn buyers again, pump Rs 16,621 crore into Indian equities in August

In August, foreign investors turned the tide by purchasing Indian equities, building on the positive momentum from July’s inflows. This shift follows a period of substantial selling earlier in the year. With attractive valuations and promising corporate earnings, renewed interest from foreign investors is evident, particularly in the domestic consumption sectors such as healthcare and consumer durables, though fluctuations in global markets may influence these trends.

Leave a Reply

Your email address will not be published. Required fields are marked *