01-01-1970 12:00 AM | Source: Geojit Financial Services Ltd
Quote on FPI investments By Dr. V K Vijayakumar, Geojit Financial
News By Tags | #607 #1624 #879

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Below is Quote on FPI investments By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services

"An important trend in FPI investment since July is the increasing inflows into equity and debt. After the Rs 12308 cr of selling in equity in July, FIIs have been steadily increasing their buying in equity with Rs 2083 cr buying in August and Rs 11287 cr  up to 18th September. Buying in debt which began for the first time this year in July continues in September, aided by the steady rupee.

The regulatory crackdown in China and the consequent huge erosion of investor wealth has made India an attractive investment destination for FIIs. FIIs have been showing interest in segments like hotels & travel since these segments have started to do well. Some profit booking is seen in segments like metals and insurance which had appreciated handsomely"

 

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