In the third consecutive month of this withdrawal, Rs. 34,990 crore and Rs 17,700 crore in July.
The recent sale was carried out by several factors such as US trade and policy shock -up to 50 per cent Terif hike on Indian goods and a one -time 100,000 H -1B visa fee, which damages the price of export -oriented sectors, especially IT, Himanshu Srivastava, Principal, Morning.
The rupee reduction also added the currency risk at a low level, while the high -rise evaluation of Indian equity was asked to rotate in other Asian markets, he added.
Although the ongoing sale continues, some analysts believe that the situation can gradually turn to India’s favor.
Vakarjaved Khan, a senior basic analyst of Angel One, noted that valuation has now become more reasonable and factors such as cut and growth in GST rates can help re -create foreign interests.
“India is the fastest growing economy globally,” Khan said.
Referring to this, Srivastava pointed out that continuous FPI turnaround tariff clarity, currency stability, earnings visibility and supporting global atmosphere would survive. If these factors improve, the story of India’s strong structural growth will be selected to foreign investors.
Meanwhile, net flow was seen in the Debt Bazaar, the FPI invested around Rs 1,085 crore and 1,213 crore under the normal limit in September.
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V.K., Chief Investment Strategist of GeoGit Investments Vijay Kumar has observed that FPI’s strategy to change funds from India to other markets has earned better returns so far, as Indian equities have reduced most global markets, with one -year return to the negative sector in most global markets in the past year.
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