The rate cut by the RBI supporter Confidence and LED to Strong FPI inflows for the first three trading sessions of the week from june 9 to June 13. On Investor Mood Toward The End of the Week.
On the last trading day of the week, Friday, fipis pulled out a signature 3,275.76 Crore from Indian Equites. This Large outflow reduced the net investment figure for the week to 3,346.94 Crore.
In Times of Geopolitical Tension, Such as the Ongoing Israel-Airan Conflict, Investors Tend to Shift Their Money to Safer Assets Like Gold, which can reduce flows into emerging markets likeo India.
Despite the positive inflows during the week, the overall FPI Investment Trend for June Remains Negative. So far in June, fipis have withdrawn 5,402 Crore from Indian Equity Markets, as per nsdl data.
Reserve Bank of India’s Monetary Policy Committee (MPC) On June 6th Announced a Surprise Rate Cut of 50 Basis Points. The repo rate was reduced to 5.5 per cent, which Gave a Strong Push to Investor Confidence.
Earlier in May, The Net Foreign Portfolio Investment (FPI) Inflows Remained in Positive and Stood at 19,860 Crore, Making May the Best-Peerming Month So Far This Year in Terms of Foreign Investment.
In previous months’ data also showed that fipis had sold stocks Worth 3,973 Crore in March. In January and February, they had sold equities worth 78,027 Crore and 34,574 Crore, respectively. (Ani)
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