FPI inflows peak at 9-month high of Rs 57,359 cr in September, crosses Rs 1 lakh cr
Sunday, 29 September 2024
Indian equities attracted Rs 57,359 crore from foreign investors in September, the highest in nine months. The surge is largely due to the US Federal Reserve's rate cut. Experts predict sustained strong FPI inflows, supported by global interest rate easing and India's robust economic fundamentals. Key decisions by the RBI will be crucial for maintaining this momentum.
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