FPIs pour Rs 31k crore into equities in six trading sessions – The Times of India

NEW DELHI: International buyers have infused practically Rs 31,000 crore in Indian fairness markets in the final six trading sessions primarily because of enticing valuations, appreciation in the rupee and enchancment in macroeconomic indicators. The re-emergence of FPIs as consumers contributed to a wise restoration of about 6% in benchmark index Nifty, reflecting renewed confidence in the market. This newest infusion has additionally helped cut back the general outflow for March to Rs 3,973 crore.