 "FPIs")
After withdrawing over Rs 7,600 crore last month, foreign investors have resumed buying Indian stocks and have invested more than Rs 2,400 crore in the domestic equity markets in the first week of October.
FPI flow is expected to remain volatile in the coming months on a slew of global and domestic factors, experts said.
"The fall in job openings in the US and lower-than-expected rate hike by the Australian central bank imbibed hope among investors that global rates may peak soon. However, till then it seems FPI flows will remain volatile in the coming months," said Shrikant Chouhan, Head-Equity
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
