Quote on FPI-FII details by Shrikant Chouhan, Head Equity Research, Kotak Securities
Below the Quote on FPI-FII details by Shrikant Chouhan, Head Equity Research, Kotak Securities
Q) The amount/reason for outflow/inflow (1st Dec to 5th Dec 2024).
FIIs continued to be net cash buyers to the tune of Rs. 13,764 crores, to date in Dec’24.
Q) How is the future FPI flow expected to be?
Indian equity markets were among the better performers among global markets, as investor positioning turned hopeful of a speedy economic recovery after a weak Q2FY25 GDP growth print. On the economy front, (1) real GDP growth in Q2FY25 eased to 5.4% (Q1FY25: 6.7%), (2) GST collections increased 8.5% yoy and (3) October government capex declined 8% yoy. FPI flows are expected to remain volatile.
Q) How are other emerging markets performing?
FPI flows to date in Dec’24 were mixed for emerging markets. India, Brazil, Indonesia, S.Korea, and Thailand, witnessed inflows of US$1883 mn, US$96 mn, US$77 mn, US$55 mn, and US$7 mn, respectively. Malaysia, Philippines, and Vietnam witnessed outflows of US$139 mn, US$25 mn, and US$21 mn, respectively.
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