India's macro economic indicators are looking very strong. There is a constant focus on growth in the policies of the government. Apart from this, the China Plan One policy will also be seen working in favor of India in the next decade. In such a situation, it is expected that the interest of foreign institutional investors will remain in The Indian markets.
Foreign institutional investors, who have been selling continuously in the Indian markets since the beginning of 2023, are once again looking at the Indian markets. In the last 6 trading days, they have bought $ 87.6 million.
Significantly, due to rising inflation and the increase in interest rates by global central banks to deal with it, foreign investors were still showing indifference to the Indian market. According to NSDL data, between February 9 and February 15, FIIs have bought $ 68.55 million in the Indian markets.
FIIs were also selling net in the year 2022
FIIs have bought shares worth Rs 16.1577 crore in the Indian equity market on February 27. FiIs have sold $3.59 billion in the Indian equity market since the beginning of this year. FiIs were also net sellers in the year 2022. They sold $ 17.21 billion.
FIIs buying returns despite rising inflation and interest rates
Significantly, the buying by FIIs in the Indian market in recent times has come despite the possibility of inflation rising once again in India and all over the world and the possibility of central banks not putting any restriction on the increase in interest rates. Economists believe that the RBI can stick to the policy of raising interest rates after inflation in the country is higher than expected.
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In the US too, retail inflation in January has been higher than expected. Due to which inflationary pressure on the US economy is likely to continue. In such a situation, experts believe that THE USFED can continue to increase interest rates aggressively.
India's GDP growth likely to be 2023% in FY7
Market experts say that India's macro economic indicators remain strong compared to other markets. India's GDP growth is expected to be 2023 percent in FY 7, which is the highest compared to other emerging markets.
Interest of foreign investors in India will continue
Mitul Shah of Reliance Securities says that foreign investors often prefer growth over valuation. In such a situation, foreign investors can be seen giving more preference to Indian markets. He further said that from the point of view of higher growth, India is in a much better position than many other countries. India's macro economic indicators are looking very strong. There is a constant focus on growth in the policies of the government.
Apart from this, the China Plan One policy will also be seen working in favor of India in the next decade. In such a situation, it is expected that the interest of foreign institutional investors will remain in the Indian markets and the Indian markets will be seen giving double digit returns to us further.