The strong inflows more than made up for the $4.1 billion outflow in the first two months of 2023, eking out a $404 million net inflow for the calendar year so far.
AgenciesRenewed foreign interest, together with strong domestic support, helped Indian equities outperform the MSCI EM index by 4% in April— one of the best among Asian peers. This brought down year-todate underperformance to 6%
Foreign portfolio investors (FPIs) bought $2.2 billion of Indian equities in the first nine days of May, taking total inflow since March to $4.5 billion.
The strong inflows more than made up for the $4.1 billion outflow in the first two months of 2023, eking out a $404 million net inflow for the calendar year so far.
Renewed foreign interest, together with strong domestic support, helped Indian equities outperform the MSCI EM index by 4% in April— one of the best among Asian peers. This brought down year-todate underperformance to 6%
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Wednesday, 10 May, 2023
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The six-member expert panel set up by the Supreme Court following the publication of the Hindenburg report on the Adani Group has submitted a report in a sealed cover to the apex court on May 8.
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Agencies
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