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Below is quote on FPI 10th June 2022 by Vinod Nair, Head of Research at Geojit Financial Services

"Till date, the monthly FPI net flows is negative in anticipation of a hawkish FOMC meeting. This selling can reverse if current & future policy measures announced are in-line with the market view and vice versa. The domestic market will continue to be dominated by global trend & FPI selling may continue in the near term; however, we expect a moderation in FIIs selling during the short to medium-term. This is because a large part of the changeover like economic slowdown, hawkish monetary policy, supply constraints and high inflation is factored in the market prices, which was consolidating over the last 7-months. And for the central banks to maintain the aggressive policy in the long-term the inflation must remain high. While the future inflation will depend on the developments of war & Chinese supply, which may relax in the short to medium-term"

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