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Searched Tag: foreign inflows

In a buoyant start to Thursday's trading session, Indian equity benchmark indices surged, propelled by robust investor sentiment, record-breaking GST collections in April and substantial foreign fund inflows.

Foreign fund inflows boost Indian markets optimism

May 2, 2024, 10:45 AM - 2 min read

Key gainers among the Sensex constituents included Power Grid, Mahindra & Mahindra, Asian Paints, Tata Steel, Sun Pharma, and HDFC Bank, reflecting broad-based optimism among investors. However, Kotak Mahindra Bank, Maruti, Wipro, and Titan experienced marginal declines.

At the Global Business Summit held on Friday, Commerce and Industry Minister Piyush Goyal asserted India's enduring appeal to foreign investors despite soaring global interest rates.

India continues to be preferred destination for foreign direct investment: Goyal

February 10, 2024, 12:28 PM - 2 min read

'The material factor is that it (FDI) continues to come in. Very often when you see a very rapid growth on any statistic, you need some time for it to cool down also,' he said

India becomes second-largest recipient of foreign flows in 2023 after US, confirms report by Elara Capital

India secures second spot in global inflows for 2023, confirms report by Elara Capital

January 15, 2024, 04:22 PM - 2 min read

"In CY-23-US, India, and Japan have been the biggest recipients of foreign flows. Outflows, were witnessed across Europe. Barring India and foreign flows have already turned weak for most countries in the second half of 2023", asserted Sunil Jain of Elara Capital