In this way, the total investment between February 1 and February 19 has been Rs 24,965 crore. In the previous month, FPI had invested Rs 14,649 crore on a gross basis. Harsh Jain, co-founder and COO of GRO, said, "Various national and international organizations have predicted high economic growth rates for India in the coming year."
Prediction to grow rapidly in 2021
S Ranganathan, head of research at LKP Securities, said the FPI's stance was positive for the Indian markets, as the IMF predicted India to be the fastest growing major economy in 2021. He hoped that the flow of FPI would be positive next month as well.
S Ranganathan, head of research at LKP Securities, said the FPI's stance was positive for the Indian markets, as the IMF predicted India to be the fastest growing major economy in 2021. He hoped that the flow of FPI would be positive next month as well.
How much investment was made in
January? In the first five trading sessions of February, a net investment of Rs 12,266 crore has been made in Indian markets. At the same time, in the month of January, a net investment of Rs 14,649 crore was made in Indian markets.
January? In the first five trading sessions of February, a net investment of Rs 12,266 crore has been made in Indian markets. At the same time, in the month of January, a net investment of Rs 14,649 crore was made in Indian markets.