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Quote on FPI-FII details by Shrikant Chouhan, Head Equity Research, Kotak Securities
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Below the Quote on FPI - FII details by Shrikant Chouhan, Head Equity Research, Kotak Securities
Q) The amount/reason for outflow/inflow (1st Sep to 12th Sep 2024).
FIIs turned net cash buyers to the tune of Rs. 14,236 crores, to date in Sep’24.
Q) How is the future FPI flow expected to be?
Sentiments in global equity markets remained positive, as US macro data provided broad comfort in inflation management, even as labor data disappointed somewhat. On the economy front, August CPI inflation inched up marginally to 3.7% (July:3.5%), while core inflation remained steady at 3.3%. FPI flows are expected to remain volatile.
Q) How are other emerging markets performing?
FPI flows to date in Sep’24 were mixed for emerging markets. Brazil, South Korea, Taiwan, and Vietnam witnessed outflows of US$303 mn, US$3,540 mn, US$5,098 mn, and US$90 mn, respectively. India, Indonesia, Malaysia, the Philippines, and Thailand witnessed inflows of US$2,191 mn, US$370 mn, US$215 mn, US$66 mn, and US$689 mn, respectively.
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