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FPI in Indian Stock Market: Foreign investors are continuing to withdraw their investments from the Indian market. So far in February, an amount of Rs 9,600 crore has been withdrawn. Due to the high valuation, the investment amount of foreign investors (FPIs) in the domestic equity market (Share Market) is decreasing as compared to other emerging markets. FPIs had withdrawn a total of Rs 28,852 crore in January. According to the data of the depository, this was the highest withdrawal in seven months.
Foreign investors had invested Rs 11,119 crore in December last year and Rs 36,238 crore in November. Shrikant Chauhan, head of equity research (retail), Kotak Securities, said that going forward, there could be ups and downs in FPIs. They believe that the rate is being increased by the central banks, in such a situation a change can be seen in it.
How long will the withdrawal process continue?
Some market experts believe that it is expected that the ups and downs in FPI may continue until there is clarity on the issue of Adani Group. Changes in FPAI are expected once the market stabilizes. According to the data, FPIs pulled out Rs 9,672 crore from stocks between February 1-10. According to the Economic Times report, foreign investors from Indian markets are increasing their investment in markets like Taiwan, South Korea, Japan.
The trend of foreign investors in these sectors
FPIs have been buyers in auto & auto accessories, construction & metals and mining, while they have been consistent sellers in financial services. The trend of foreign investors has also increased towards the IT sector. FPI has invested Rs 2,154 crore in the debt market. Investors from India, Thailand and the Philippines pulled out this month, while South Korea, Taiwan and Indonesia attracted foreign investment.
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