FPI investors liked the Indian market in the month of November, so far invested 19,712 crores

Foreign Portfolio investors: Foreign portfolio investors (FPIs) have so far invested Rs 19,712 crore in the Indian markets in the month of November. According to depository data, FPIs (Foreign Portfolio Investors) invested Rs 14,051 crore in the equity market during November 1 to 18. During this, he has also put Rs 5,661 crore in loans. In this way his net investment has become Rs 19,712 crore. In October, FPIs had net sales of Rs 12,437 crore.

good development opportunity
Himanshu Srivastava, Associate Director, Research Manager, Morningstar India, said, “From a long-term perspective, India continues to be an important and competitive investment market. Despite the intermittent and short-term challenges, India offers a great growth opportunity.”

Uncertainty on the domestic front
He said the net inflows this week cannot be considered as a change in trend as there is uncertainty on the global and domestic front. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said in the first fortnight of November, FPIs have been sellers in performing sectors like banking and even information technology. He said most foreign middlemen are asking for sell-off in India on concerns of increased valuations.

Withdraw money from the market till November 12
Let us inform you that FPIs had withdrawn Rs 4,694 crore from shares between November 1 and 12. At the same time, during this time he put Rs 3,745 crore in the loan or bond market. In this way his net withdrawal stood at Rs 949 crore.

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