scorecardresearchFPIs infuse ₹12,000 crore in Indian equities in September on hopes of slow interest rate hikes

FPIs infuse 12,000 crore in Indian equities in September on hopes of slow interest rate hikes

Updated: 19 Sep 2022, 08:11 AM IST
TL;DR.
FPIs turned net buyers in July after nine straight months of net outflows, which started in October last year. Between October 2021 till June 2022, they sold a massive 2.46 lakh crore in the Indian equity market.
While the focus remains on the US dollar, it is worth pointing out that against other major currencies, including the euro, yen, and sterling, the rupee has strengthened, not weakened, this year (Shutterstock)

While the focus remains on the US dollar, it is worth pointing out that against other major currencies, including the euro, yen, and sterling, the rupee has strengthened, not weakened, this year (Shutterstock)