FPIs invest Rs 33,600 Cr in equities in July amid continued policy reforms, good earnings season

Quick Summary:

Apart from equities, FPIs invested Rs 19,223 crore in the debt market during the period under review.

This came following an inflow of Rs 26,565 crore in equities in June, driven by political stability and the sharp rebound in markets.

"Furthermore, there is growing anticipation of an interest rate cut by the US Federal Reserve in September," Himanshu Srivastava, Associate Director - Manager Research at Morningstar Investment Research India, said.

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Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: IndiaChinaMauritius

Topics: Foreign Policy Bond Indian Crore Fpis Market Equity Investors Equities India

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Published On: 2024-07-28 @ 06:33:57 (13 hours ago)

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