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FPIs' November U-Turn Hits Rs 84,000 Crore. What's Driving Them Back To India?

Positive+77

GreyOak summary

Foreign portfolio investors reversed outflows in November, investing Rs 84,291 crore in Indian equities. This shift followed a global sell-off in AI-linked stocks and Asian markets, alongside resilient Indian corporate earnings. Lower US bond yields and crude oil prices also supported the move.

What it affects

  • FII flowsPositive +77

    FPIs invested Rs 84,291 crore in November.Rolling sentiment Positive +32

Source

Read the original at NDTV Profit

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