Adani share block deal aids FPI investment in equities turn positive in Mar | Science-Environment

Adani share block deal aids FPI investment in equities turn positive in March

According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the sustained selling by Foreign Portfolio Investors (FPIs) appears to be over, since they have turned buyers in the last few days.

Adani share block deal aids FPI investment in equities turn positive in Mar

Moreover, going ahead, FPIs may not turn aggressive sellers due to domestic factors like an impressive turnaround in current account deficit (CAD), which has improved substantially due to rising exports.

Adani share block deal aids FPI investment in equities turn positive in Mar

‘However, if one adjusts for the investments of GQG in Adani Group, the net flow is still negative, meaning FPIs have withdrawn money even in March’

Adani Group Share Block Deal Aids FPI Investment in Equities Turn Positive in March 2023

According to V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the sustained selling by Foreign Portfolio Investors (FPIs) appears to be over, since they have turned buyers in the last few days. Adani Group Share Block Deal Aids FPI Investment in Equities Turn Positive in March 2023.

Adani share block deal aids FPI investment in equities turn positive in Mar | Science-Environment

Adani share block deal aids FPI investment in equities turn positive in Mar After pulling out funds in the past two months, Foreign investors have invested Rs 7,936 crore in the Indian equities in March mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners.However, if one adjusts for the investments of GQG in Adani Group, the net flow is still negative, meaning FPIs have withdrawn money even in March, Sanchi…

Adani Share Block Deal Aids FPI Investment In Equities Turn Positive In March

After pulling out funds in the past two months, foreign investors have invested Rs 7,936 crore in the Indian equities in March mainly driven by bulk investment in the Adani Group companies by the U.S.-based GQG Partners.However, if one adjusts for the investments of GQG in Adani Group, the net flow is still negative, meaning FPIs have withdrawn money even in March, Sanchit Garg, Co-founder and CEO, GLC Wealth Advisor LLP, said.According to VK Vi…