Amid excess liquidity in the global markets and dwindling economic prospects in Covid pandemic-hit developed countries, foreign portfolio investors (FPI) continue to turn their focus on emerging markets such as India. FPI investment in Indian equities crossed ₹80,000 crore just five months into fiscal 2020-21 despite the country being home to the highest number of coronavirus cases after the US and Brazil.
Resumption of economic activities and the current attractive valuation of stocks seem to have piqued the interest of FPIs in Indian equities.
We speak with Nirali Shah, Senior Research Analyst, Samco Securities to know more.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.