The share of domestic mutual funds and retail investors in NSE-listed stock reached an all-time high of 9.17% and 7.64%, respectively, in the June quarter of 2024.
With July addition, total foreign portfolio investment (FPI) in Indian equities reached ₹11,163 crore in CY24.
This influx is attributed to India's economic resilience, favourable investment climate, and rapid urbanisation.
Consideration exceeding fair market value of shares to be taxed under income from other sources, says I-T notification
High interest is likely to continue in the coming quarters given that commercial rental yields are trending in the 7-10% band.
The BSE Sensex and NSE Nifty recorded their fresh all-time high for the fourth session in a row on Tuesday on the back of strong FPI flows.
As Nifty breaks 19,000 level, it may induce an upward movement towards the 19,450, says analyst at LKP Securities.
FPIs turned net buyers in both equity and debt in April, investing ₹11,631 crore in Indian equities and ₹806 crore in the debt market, as per NSDL data.
FM says India’s conscious policy choices and structural & governance reforms will support India’s growth at its full potential.
FIIs pulled out ₹37,632 crore in FY23 but in March they poured over ₹7,936 crore into Indian equities.
