Economic dataFinancial Express
FPIs put money behind India's AI-hedge narrative
Positive+33
GreyOak summary
Foreign portfolio investors shifted capital to Indian equities, with net inflows crossing Rs 1 lakh crore since October 16. November alone saw Rs 78,803 crore inflow, the highest since 2020. This reversal contrasts with outflows from other Asian markets, driven by falling crude prices, a strengthening rupee, and improving corporate earnings.
What it affects
- FII flowsPositive +33
Net inflows crossed Rs 1 lakh croreRolling sentiment Positive +24
