Foreign investors inject ₹23,544cr into Indian equities in August
Business
Foreign investors have pumped ₹23,544 crore into Indian equities this August, building on July's positive momentum.
This marks a big turnaround after months of heavy selling earlier this year.
The boost is thanks to solid company earnings and a steady rupee, which seem to have brought back investor confidence.
FPIs favor midcaps amid global risks
FPIs are now more interested in midcap stocks for their growth potential, while big banking and IT companies aren't getting as much love.
Some money also moved within the debt market.
Experts say global factors, like oil prices and U.S.-Iran tensions, are still shaping how investors feel about India's markets.