29-April-2024
Markets and Finance
 
FPIs infuse Rs 13,300 cr in April so far amidst bullish economic outlook
15-Apr-2024

Foreign investors have infused over Rs 13,300 crore in Indian equities in the first two weeks of the month owing to a resilient domestic economy with promising growth prospects. Going ahead, concerns over changes in India-Mauritius tax treaty will weigh on Foreign Portfolio Investor (FPI) inflows in the near-term till clarity emerges on details of the new treaty, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

News Source:- https://www.business-standard.com/markets/news/fpis-infuse-over-rs-13-300-cr-in-april-so-far-amidst-economic-outlook-124041400134_1.html