Winning Bizness Desk
Mumbai. The process of investing in Indian stock markets by foreign portfolio investors (FPIs) continues for the fourth consecutive month in June. Foreign investors have invested Rs 16,405 crore in the Indian stock market so far in June amidst the country's strong economy and positive growth environment. This information has been obtained from the data of the depositories. FPIs had invested Rs 43,838 crore in stocks in May. This was the highest level of his investment in nine months. They infused Rs 11,631 crore in shares in April and Rs 7,936 crore in March. Earlier, during January-February, FPIs had withdrawn more than Rs 34,000 crore from stocks. Significantly, the coming of foreign investment is a sign of a healthy economy. At a time when the whole world is grappling with recession and lack of demand, on the other hand India is spared from it. The reports of many banks and financial institutions have also shown that the period of recession in India is not far away.
FPI interest will remain towards Indian markets
Mayank Mehra, chief partner at financial advisory company Craving Alpha, said, "Looking at the current investment trend, it is expected that FPI interest will remain towards Indian markets throughout the month of June." Due to positive earnings and favorable policy environment, FPI will continue to flow positively into Indian markets. Himanshu Srivastava, Associate Director-Manager Research, Morningstar India, said, “Indian markets are continuously climbing up, due to which there may be concern about valuations. Apart from this, due to strict regulatory rules, the flow of foreign capital in the Indian market can also be affected.
Rs 550 crore in the debt or bond market
According to the data, during June 1 to 16, FPIs invested a net Rs 16,406 crore in Indian stocks. Apart from stocks, FPIs have also infused Rs 550 crore in the debt or bond market during the period under review. So far this year i.e. in 2023, foreign investors have invested Rs 45,600 crore in Indian shares. At the same time, his investment in the bond market has been Rs 8,100 crore.
