2024-08-10 04:08:47 pm | Source: MojoPMS
Quote on FPI by Sunil Damania, Chief Investment Officer, MojoPMS
Below the Quote on FPI by Sunil Damania, Chief Investment Officer, MojoPMS
"Despite global negative news, the Indian stock market has demonstrated remarkable resilience. This resilience is attributed to the robust economic growth of India, effective monetary policy by the central bank, and record inflows from retail investors. Unlike previous trends, retail investors are now using market dips as opportunities to increase their equity allocations.
In typical scenarios, fund managers refrain from making significant cash calls on the market to avoid substantial underperformance. However, the strong inflows from retail investors are pressuring fund managers to invest in the equity market, leaving them with limited alternatives.
Foreign Portfolio Investors (FPIs) typically pursue valuations. Currently, India’s valuations are at a premium compared to the historical premiums of other emerging markets. It's worth noting that FPIs generally do not heavily invest in the Indian market for two consecutive years, as per historical patterns. Last year, the Indian market saw record inflows from FPIs, leading to expectations of muted inflows this year. The average monthly inflows from FPIs in 2024 were Rs 15,000 crore, which has come down to Rs 4,000 crore year-to-date in 2024."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
Odisha official Vishal Dev calls 3DGS chip unit a br...
Collaboration key to solving India`s water crisis: IPA
AI Gadgets: The Smart Devices Shaping Our Everyday F...
Experts examine WTO verdict on cross-border subsidie...
Top 8 firms add Rs 1.87 lakh crore in market value l...
India closer to expanding its nuclear fuel base
India brings AI services to villages with unique DPI
Government adopts crop-specific approach to boost hi...
India targets 100 GW nuclear power capacity by 2047:...
Time to reduce dependency on China for critical mine...
More News
Quote on FPI from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
Comment on SEBI proposing to allow automatic trading window closure for immediate relatives of designated persons by Makarand M...
Quote on FPI Progress in Febuary Trend inputs by Manoj Purohit, Partner & Leader, Financial Services Tax, Tax & Regulatory Serv...
Report on Why is Induslnd Bank under pressure by Krishna Appala, Senior Analyst at Capitalmind Research