26-10-2023 03:03 PM | Source: Geojit Financial Services
Quote on rise in P-Notes investment By Dr. V K Vijayakumar, Geojit Financial Services

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Below the quote on rise in P-Notes investment from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

"Participatory note investments normally track FPI investments. From April through September FPI investment in India has been steadily rising. India now has the best growth among large emerging economies. Since China’s growth is fading foreign investors are now focusing more on India.

However, the rising bond yields in the US has become a temporary headwind for foreign capital inflows. FPI have been sellers in October and this is likely to be reflected in Participatory  notes, too, in October."


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