Winning Business Desk

Mumbai. Foreign investors have again started showing faith and buying in the Indian market. Prior to this, they were only selling for six consecutive months. So far in April, they have invested Rs 7,707 crore collectively. Actually, they have used the fall in the market for buying. However, it is too early to consider this a change in foreign investor stance. It is also possible that foreign investors are modifying their portfolios keeping in view the prevailing conditions. Actually, the recent fall in the stock market has created opportunities for investment. Foreign investors must have thought to capitalize this opportunity.

Foreign investors have sold Rs 1.48 lakh crore

In the last six months, foreign investors have sold heavily in the Indian market. From October last year to March this year, they have sold Rs 1.48 lakh crore. The main reason for this was the expected increase in interest rates in America. The geopolitical situation has changed drastically since Russia's invasion of Ukraine.

Nifty has gained 19 per cent

Foreign investors have also invested in the debt market and their investment in the debt market in April is Rs 1,403 crore so far. Earlier, they had sold Rs 8,705 crore in the debt market in February and March. Shrikant Chauhan, Head (Equity Research-Retail), Kotak Securities said that FPI flows are expected to remain volatile in the times to come. The reason for this is the uncertain environment. Crude oil prices are very high. FPIs have sold Rs 1.4 lakh crore in the stock market in the financial year 2021-22. Despite this, the Nifty has gained 19 per cent during this period. The reason for this was buying by domestic investors and retail investors.