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Tag: US Fed

FPIs inject ₹27,856 crore in equities in September so far on U.S. rate cut expectations

Posted on September 15, 2024 By admin
FPIs inject ₹27,856 crore in equities in September so far on U.S. rate cut expectations

Foreign Portfolio Investors (FPIs) have infused ₹27,856 crore in domestic equities in the first fortnight this month, owing to the resilience of the Indian market and growing optimism around the potential interest rate cut in the U.S. FPIs have been consistently buying equities since June. Before that, they pulled out ₹34,252 crore in April-May. “With…

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