 "FPIs")
After withdrawing funds in the last two months, foreign investors came back strongly in the first week of November and infused Rs 15,280 crore in Indian equities on hopes that US Federal Reserve would go soft on rate hikes.
Going forward, Foreign Portfolio Investors (FPIs) flows are expected to remain volatile in the near term given the headwinds in terms of monetary tightening, geo-political concerns among others, Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities, said.
According to the data with depositories, FPIs invested Rs 15,280 crore in equities during November 1-4. This came following a net outflow of
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