FPI Inflows Rebound To Rs 19,675 Crore In First Fortnight Of Feb On US-India Trade Deal

Foreign Portfolio Investors (FPIs) have shown renewed confidence in the Indian market, with inflows reaching ₹19,675 crore in the first half of February 2023. This surge follows a period of fluctuations in investment patterns influenced by ongoing discussions around a potential trade deal between the US and India. Notably, FPIs emerged as net buyers in seven out of eleven trading sessions during this timeframe, reversing a trend that had seen them turn sellers on several occasions in previous months. Market analysts suggest that the positive sentiment among FPIs is attributed to various factors, including robust economic indicators from India and expectations of more favorable trade relations with the US. This rebound in FPI inflows is seen as a critical development, potentially signaling greater foreign investor confidence in India's economic recovery post-pandemic. As the global economic landscape continues to evolve, the focus will remain on how trade agreements and domestic policies influence foreign investments in the coming months.