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After 9 months, there was greenery in the stock market, FPI invested 4,989 crore in July

FPI Investors: The continuous selling of foreign investors has now stopped. Foreign portfolio investors (FPIs) have returned to the Indian stock markets after selling for nine months. In July, FPIs have invested about Rs 5,000 crore in the stock markets. After the softening of the dollar index and better quarterly results of companies, FPIs have once again become a buyer.

In June, more than 50,000 crores were withdrawn
Earlier in June, FPIs had withdrawn Rs 50,145 crore from shares. This is the highest withdrawal in a single month after March 2020. At that time, FPIs had withdrawn Rs 61,973 crore from the Indian stock markets.

Know what is the opinion of experts?
Hitesh Jain, Principal Analyst-Institutional Equities, Yes Securities believes that FPI inflows will remain positive in August as well. The reason for this is that the worst time of rupee has passed and crude oil prices are also trading in a range. Apart from this, the quarterly results of Indian companies have also been better.

invested in July
In July, FPIs invested a net Rs 4,989 crore in the Indian stock markets, according to depository data. He was a pure buyer for nine days during the month. Earlier, for the last nine consecutive months, FPIs were sellers. From October last year till June this year, they have withdrawn Rs 2.46 lakh crore from the Indian stock markets.

Withdraw money from loan market
Himanshu Srivastava, Associate Director-Manager Research, Morningstar India, has said that the reason for the FPI inflow in July is the statement of Federal Reserve Chairman Jerome Powell. Powell said that America is not in recession yet. The sentiment has improved after Powell’s statement and investors globally are now ready to take the risk. However, in July, FPIs have withdrawn Rs 2,056 crore from the loan or bond market. Srivastava believes that it will take some time to predict what will be the attitude of FPIs going forward.

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