FPI Investment: in February foreign portfolio investors 5,294 crore and made a net withdrawal of Rs 28,852 crore in January. Although investors have made good purchases so far in March. Foreign investors have so far this month indian stock market 13,500 crore has been invested in A major stake in this is held by the US company GQG Partners, which Adani Group Has invested heavily in companies of This information has been received from the data of the depository. Earlier, foreign portfolio investors (FPIs) were withdrawing from the Indian stock markets. He made a net withdrawal of Rs 5,294 crore in February and Rs 28,852 crore in January. Earlier, in December, FPIs made a net investment of Rs 11,119 crore in stocks.
VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said that going forward, FPIs can adopt a cautious approach as the bankruptcy of Silicon Valley Bank (SVB) in the US has affected sentiments in the market.
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According to the data, till March 10, FPI has invested Rs 13,536 crore in the Indian stock markets. Vijayakumar said, this investment includes a large investment of Rs 15,446 crore made by GQG in Adani group companies. Himanshu Srivastava, Associate Director-Manager Research, Morningstar India, said that the reason for this investment is the betterment of the Indian stock markets in the long term. chances are.
In the calendar year 2023, FPI has sold shares worth Rs 20,606 crore. On the other hand, Rs 2,987 crore has been withdrawn from the debt market during the period under review. Vijayakumar said that there is no uniformity in the activities of FPIs even in terms of investment in sectors. For example, in the first 15 days of February, he invested in shares of financial services companies, while in the next two weeks he remained a seller. Similarly in the first fortnight he bought IT shares but in the next 15 days he exited them.