The six-month rolling cumulative inflow of FPIs has turned positive for the first time in a year at ₹34,539 crore ($4.14 billion) at the end of November 2022, data from NSDL show. This six-month rolling cumulative reading was the highest in 14 months as overseas investors invested $10 billion (₹84,799 crore) in the previous five months – the highest among the major emerging markets in the same period.
Macro headwinds are behind us; largecaps poised to outperform: Prashant Jain
India’s equity markets are poised for a positive turn as economic challenges recede, according to Prashant Jain. He highlights strong domestic fundamentals, improving external balances,