Foreign investors poured Rs 15,352 crore ($2.05 billion) into Indian equities in the first half of July, driven by the government’s ongoing reforms, low US Federal Reserve rates, and robust domestic demand. Himanshu Srivastava, Associate Director – Manager Research at Morningstar Investment Research India, highlighted that the upcoming Union Budget is eagerly awaited by foreign investors seeking insights into the government’s economic growth plans. Data from depositories revealed that foreign portfolio investors (FPIs) made a net inflow of Rs 15,352 crore into equities by July 12. This follows a substantial inflow of Rs 26,565 crore in June, buoyed by political stability and a sharp market recovery.