FPIs make comeback in Indian market: Rs 24,454 crore inflow in December first week

Quick Summary:

Foreign investors poured Rs 24,454 crore into Indian equities in early December, reversing the massive outflows of the previous two months.

Improving global conditions and possible US Fed rate cuts, along with uncertainty in Chinese markets, are driving this renewed interest.

This inflow brings total FPI investment in 2024 to Rs 9,435 crore.

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets: IndiaChina

Topics: Foreign investors in Indian equities Indian equity market trends US Federal Reserve rate cuts Business news Foreign portfolio investors FPI investments December 2023

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-08 @ 16:16:02 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 953 words

Reading Time: 6 minutes read

Sentences: 39 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 24217702

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About Times of India

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