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Foreign portfolio investors have already invested Rs 13,948 billion in the Indian stock market in August

<p>So far in August, foreign investors have invested 13,948 crore in the Indian stock market. According to depositories’ records, Foreign Portfolio Investors (FPIs) spent a combined total of Rs. 8,394 crore on Indian stocks and Rs. 4,646 crore on the country’s debt market. Between August 1 and August 18, there was a net inflow of about Rs 13,040 crore from international investors.<img decoding=”async” class=”alignnone wp-image-138783″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-man-arrested-in-maharashtra-for-kidnapping-teenage-girl-he-befriended-online-99533230-11zon-750×563.png” alt=”theindiaprint.com man arrested in maharashtra for kidnapping teenage girl he befriended online 99533230 11zon” width=”1477″ height=”1109″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-man-arrested-in-maharashtra-for-kidnapping-teenage-girl-he-befriended-online-99533230-11zon-750×563.png 750w, https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-man-arrested-in-maharashtra-for-kidnapping-teenage-girl-he-befriended-online-99533230-11zon-1024×768.png 1024w, https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-man-arrested-in-maharashtra-for-kidnapping-teenage-girl-he-befriended-online-99533230-11zon-768×576.png 768w, https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-man-arrested-in-maharashtra-for-kidnapping-teenage-girl-he-befriended-online-99533230-11zon-150×113.png 150w, https://www.theindiaprint.com/wp-content/uploads/2023/08/theindiaprint.com-man-arrested-in-maharashtra-for-kidnapping-teenage-girl-he-befriended-online-99533230-11zon.png 1280w” sizes=”(max-width: 1477px) 100vw, 1477px” title=”Foreign portfolio investors have already invested Rs 13,948 billion in the Indian stock market in August 12″></p>
<p>From March through July, international investors continuously invested money into India prior to August. The Rs 8,394 crore amount also accounts for FPI investments and large-scale transactions in the main markets.</p>
<p>FPIs demonstrated their confidence in the Indian markets by investing more than Rs 40,000 crore each of the previous three months. In July, FPIs received a net inflow of Rs 46,618 crore, compared to Rs 47,148 crore in June and Rs 43,838 crore in May.</p>
<p>According to Shrikant Chauhan, head of equities research (retail) at Kotak Securities, big foreign investments in the Indian market are a result of the poor Chinese economy and global stock market, which might result in very volatile share prices in the local market. The global market has a significant impact on FPIs.</p>
<p>Foreign investors brought in Rs 8,000 crore to the Indian market between August 1 and August 18, but they also withdrew Rs 2,000 crore earlier this month. It took place after the credit rating agency Fitch Ratings lowered the USA’s credit rating from AAA to AA+ as a result of the country’s ongoing fiscal downturn and mounting debt.</p>
<p>According to Himanshu Srivastava, Associate Director-Manager Research at Morningstar India, these investments by foreign portfolio investors in India would benefit the domestic markets. The June quarter’s profits exceeded expectations, which has opened up the stock market to additional international investors. Since August 2022, it was the largest monthly FPI inflow.</p>
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