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FPIs’ investment value in Indian equities gains 20% to $626 bn in June qtr

by Editor August 21, 2023, 2:50 pm 2k Views

Business Standard

The value of foreign portfolio investors’ holdings in the domestic equities reached USD 626 billion in the three months ended June 2023, which was 20 per cent higher from the year-ago period, according to a Morningstar report.

This could be attributed to good performance in the domestic equity markets as well as strong net inflows from foreign portfolio investors (FPIs).

According to the report, the value of FPIs’ investments in…

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