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Economic dataMoneycontrol

FPIs pump over Rs 76,000 crore into equities in November

Positive+77

GreyOak summary

Foreign portfolio investors injected a net Rs 76,188.75 crore into Indian equities in November, marking a record inflow after two months of outflows. Expectations of a potential tax cut on foreign capital gains further boosted sentiment, though sustained growth depends on earnings and valuations.

What it affects

  • FII flowsPositive +77

    FPIs pumped Rs 76,188.75 crore in November.Rolling sentiment Positive +32

Source

Read the original at Moneycontrol

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