DIIs invested $ 20.2 bn in 2023 ...Middle East

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New Delhi: While DII flows have been robust for the past few years, rising global interest rates have kept FPI flows under check, as per Quantum Mutual Fund. DIIs have invested $ 20.2 bn in 2023 on top of $ 35.8 bn in 2022. FPI flows have been tepid at $ 12.8 bn this year, but better than the outflow of $ 16.5 bn in 2022. This has resulted in decadal low FPI ownership in Indian equities. As global inflation and interest rates moderate, India’s stable policy environment and resilient economy could attract meaningful foreign flows. The year 2023 defied the consensus view of moderate equity returns given the background of rising global interest rates, limited scope for valuation expansion and

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Last updated : 23 Dec 2023 clock 11:01 AM

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DIIs invested $ 20.2 bn in 2023 ...Middle East

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