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FPIs pivotal for making India as 3rd largest economy

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FPIs pivotal for making India as 3rd largest economy
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18 July 2024 4:45 AM GMT

New Delhi: The net foreign portfolio investor (FPI) inflows turned green this month, both in the equity and debt segment, and as India enters ‘Amritkaal’, the FPI community will play a major role in positioning it as the third largest economy in the world, market experts said on Saturday. There was a total net inflow of Rs2,82,338 crore for both equity and debt in FY24. According to market watchers, the reason for a quick rebound in the capital markets can be attributed to the positive sentiments, a stable government’s assurance on continuity of reforms, tepid US Fed rates, and strong domestic demand.

FPI Inflows Equity Segment Debt Segment India Economy Market Experts Capital Markets Rebound Positive Sentiments Stable Government Reforms Continuity US Fed Rates Domestic Demand 
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