Foreign portfolio investors have also invested well in the Indian market in the month of January. At the beginning of the month, about 14,866 crore rupees have been invested in the Indian market.
Apart from this, Rs 3,624 crore has been withdrawn from debt or bond market. Thus his net investment has been Rs 14,866 crore. Rasmic Ojha, executive vice-president and head of basic research at Kotak Securities, said FPI’s stance has been positive for emerging markets due to good third quarter results. Apart from this, cases of Kovid-19 infection have also reduced in the country, due to which FPIs are investing in the Indian market.
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Harsha Jain, co-founder and Chief Operating Officer (COO) of GRO, said that earlier investors were investing in select large stocks, but after increasing their valuation, now they are investing in shares of small companies.How was the market on Friday
After 5 consecutive days of rapid growth in the market on Friday, there was a profit-booking. The Sensex-Nifty closed with a heavy fall. The Sensex ended 549.49 points, or 1.11 per cent, at the end of trading at 49,034. At the same time, the Nifty had closed at the level of 14433.70 with a weakness of 161.90 points i.e. 1.11 percent.