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Foreign investors' trust in Indian stock market is increasing again, bought shares worth Rs 12170 crore in June
In May, there was a lot of uncertainty in the minds of foreign investors about the election results. They had made a net withdrawal of Rs 25586 crore from shares. But now they know that the Modi government has returned to power and most of the ministries are also with the old ministers. In such a situation, the government will try to increase economic growth by continuing its old policies.
With the start of the Lok Sabha elections, foreign portfolio investors (FPIs) started distancing themselves from the Indian stock market, because during that time the instability in the market had increased a lot. When the voting in the initial stages was less than expected, the concern of foreign investors increased and they increased the selling more.
However, since the formation of the NDA government under PM Narendra Modi, foreign investors' concerns have been significantly alleviated, and they have resumed investing. According to data as of June 21, foreign investors had made a net investment of Rs 12,170 crore in the Indian stock market. Experts believe that this trend will persist.
Foreign investors were deeply concerned about the election results in May. They made a net withdrawal of Rs 25,586 crore from the stock market. However, they are now aware that the Modi government has returned to power, and the majority of ministries are still led by the same ministers. In such a situation, the government will try to increase economic growth by continuing its old policies.
