There are three primary reasons for this positive flow.
Sunil Damania, chief investment officer at MojoPMS, said, "First, government continuity assures ongoing reforms. Second, the Chinese economy is decelerating, as evidenced by the 12 percent fall in copper prices last month. Is."
Third, some of the block deals in the market have been eagerly taken up by FPIs.
“However, these FPI inflows are concentrated in a few select stocks rather than being widespread across markets or sectors,” Damania said.
Till June, FPIs sold equity worth Rs 11,193 crore.
According to market experts, it is interesting to note that this net sales figure is made up of sales of Rs 45,794 crore through exchanges and purchases of Rs 34,600 crore through “primary market and others”.
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.
Meanwhile, the Indian market continued its initial uptrend as concerns over election results eased and global sentiment improved.
He said with the coalition government in place, there is optimism that the upcoming budget will strike a balance between development initiatives and populist measures.
Sunil Damania, chief investment officer at MojoPMS, said, "First, government continuity assures ongoing reforms. Second, the Chinese economy is decelerating, as evidenced by the 12 percent fall in copper prices last month. Is."
Third, some of the block deals in the market have been eagerly taken up by FPIs.
“However, these FPI inflows are concentrated in a few select stocks rather than being widespread across markets or sectors,” Damania said.
Till June, FPIs sold equity worth Rs 11,193 crore.
According to market experts, it is interesting to note that this net sales figure is made up of sales of Rs 45,794 crore through exchanges and purchases of Rs 34,600 crore through “primary market and others”.
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.
Meanwhile, the Indian market continued its initial uptrend as concerns over election results eased and global sentiment improved.
He said with the coalition government in place, there is optimism that the upcoming budget will strike a balance between development initiatives and populist measures.
