Foreign investors' trust on India is increasing, invested 43,800 crores in July - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Sunday, July 23, 2023

Foreign investors' trust on India is increasing, invested 43,800 crores in July

FPI Investment: Experts believe that due to the decisions of the Modi government, the trust of foreign investors is increasing in India.

 Due to which foreigners are investing in India.The stock market is continuously touching new heights. If this boom continues, it is believed that soon the Sensex can cross 70 thousand. Foreign investors are believed to be playing an important role in this boom of the market. In fact, foreign investment is happening fiercely in the Indian stock market. Talking about July only, foreign investors have invested Rs 43800 crore in this month.

In fact, there is a recession in the whole world, in such a situation, the economic fundamentals of India are looking strong for foreign investors. At the same time, due to the deteriorating condition of a giant economy like China, FPIs are increasing their trust in India, many giants like Apple are also considering India as a big market. Experts say that the Modi government has taken many such important decisions which have increased the confidence of foreign investors towards India.

1.2 lakh crore investment

According to government data, foreign investors have invested about Rs 1.2 lakh crore in India from January to July. Market experts believe that the trust of foreign investors on the Indian market can continue even further and there is a possibility of further growth in the market. According to VK Vijayakumar, analyst at Geojit Financial Services, the speed with which the market is growing. There is no doubt that foreign investment has a big contribution in this. But in the coming time, correction can also come in it. Because the market is getting overvalued.

Investment increased for the third consecutive month

Foreign investment in India has been increasing continuously for the last three months. According to government data, foreign investors invested Rs 43,838 crore in the Indian market in the month of May. Whereas in June this figure increased to Rs 47,148 crore. Now even in July, foreign investment has reached 43,800 crores. Apart from the equity market, foreign investors have also invested Rs 2623 crore in the bond market. According to government data, FPIs have been investing in Indian stock markets continuously since March. He has infused Rs 43,804 crore in shares till July 21 this month.

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