FPIs invested Rs 26,565 crore in equities in June, a reversal of their selling strategy in the last two months.
According to market experts, FPIs have realized that selling in the highest performing market would be a wrong strategy.
"FPI buying may continue provided there is no sharp rise in US bond yields," he said.
National Securities Depository Limited (NSDL) data for the first fortnight of June shows that FPIs are buying in realty, telecom and financial sectors.
FPIs were sellers in IT, Metals and Oil & Gas and the buying trend in the financial sector is likely to continue.
V.K., chief investment strategist at Geojit Financial Services. According to Vijayakumar, India's inclusion in the JP Morgan bond index is definitely positive.
“Debt inflows so far in 2024 are Rs 68,674 crore. In the long term, this will reduce the cost of borrowing for the government and the cost of capital for corporates. This is positive for the economy and hence for the equity market. Also," he mentioned.
FPIs are selling where valuations are high and buying where valuations are fair. Analysts believe that FPI inflows will remain constrained due to the high valuations of the Indian equity market at present.
According to market experts, FPIs have realized that selling in the highest performing market would be a wrong strategy.
"FPI buying may continue provided there is no sharp rise in US bond yields," he said.
National Securities Depository Limited (NSDL) data for the first fortnight of June shows that FPIs are buying in realty, telecom and financial sectors.
FPIs were sellers in IT, Metals and Oil & Gas and the buying trend in the financial sector is likely to continue.
V.K., chief investment strategist at Geojit Financial Services. According to Vijayakumar, India's inclusion in the JP Morgan bond index is definitely positive.
“Debt inflows so far in 2024 are Rs 68,674 crore. In the long term, this will reduce the cost of borrowing for the government and the cost of capital for corporates. This is positive for the economy and hence for the equity market. Also," he mentioned.
FPIs are selling where valuations are high and buying where valuations are fair. Analysts believe that FPI inflows will remain constrained due to the high valuations of the Indian equity market at present.
