FPI flows News
Food inflation has peaked (declined from 10.9 per cent in October 2024 to 6 per cent currently) and a 25 bps cut in repo rate by the RBI and open market operations (OMO) will ease liquidity in the next 3-6 months.
Both Nifty 50 and Sensex are only down by around 7 per cent from their 52-week highs, indicating strong support from domestic investors that has prevented a steeper decline.
According to the report, India-focussed offshore funds have seen an investment of USD 501 million last month, while those of ETFs witnessed an infusion of USD 55 million, translating into a total of USD 565 million.
Loading...