Foreign Institutional Investors (FIIs) have aggressively invested Rs 4,500 crore in Indian auto stocks following the GST rationalization announcement, anticipating a consumption-led rally. The GST Council’s decision to slash tax rates across auto segments, coupled with seasonal tailwinds, has fueled this surge. While autos, metals, capital goods, and financials saw inflows, consumer services, IT, and real estate experienced outflows.
FPIs bet small on local debt, inflow pickup seen far away
April witnessed a slight inflow of foreign investments into Indian debt, but the atmosphere remains one of caution. Influences like escalating US and Japan interest