June 23, 2024 8:18 PM

FPIs inject Rs 12,170 crore into market following general election results

Foreign investors have surged back into Indian equities this month, injecting a robust Rs 12,170 crore into the market following the latest general election results. According to National Securities Depository Ltd (NSDL) data, the total debt inflows stand at ₹10,575 crore till the third week of June. The influx is primarily motivated by optimistic forecasts of ongoing policy reforms and steady economic expansion.   FPIs had been largely on the sidelines awaiting the election outcomes....