FPIs infuse Rs 12,000 cr in Indian equities in September on hopes of slow rate hikes - Shahpur Turk CSC - Common Service Centre in Sonipat FPIs infuse Rs 12,000 cr in Indian equities in September on hopes of slow rate hikes

21 September 2022

FPIs infuse Rs 12,000 cr in Indian equities in September on hopes of slow rate hikes

Foreign investors pumped Rs 12,000 crore into the Indian equity market so far this month on hopes that global central banks, particularly the US Fed, may go slow on rate hikes as inflation starts to cool off. This comes following a net investment of staggering Rs 51,200 crore in August and nearly Rs 5,000 crore in July, data with depositories showed.

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