No holding back D-St from records, even if FPIs are holding back
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Foreign investors are bullish about India's prospects but are holding back due to uncertainty over the US Federal Reserve's interest rate actions and the upcoming National Elections. Lower interest rates in the US benefit emerging market equities like India. In March, foreign investors bought Indian equities worth ₹35,286.31 crore. However, April is expected to witness fewer deals and IPOs due to earnings and election season. Market participants believe that domestic flows and moderate foreign inflows will propel Indian equities to new highs in the new financial year.
#ForeignInvestors #IndianEquities #InterestRates #UsFederalReserve #NationalElections
https://m.economictimes.com/markets/stocks/news/no-holding-back-d-st-from-records-even-if-fpis-are-holding-back/articleshow/108927730.cms