FPIs raise bullish bets as India outperformance picks up pace

The six-month rolling cumulative inflow of FPIs has turned positive for the first time in a year at ₹34,539 crore ($4.14 billion) at the end of November 2022, data from NSDL show. This six-month rolling cumulative reading was the highest in 14 months as overseas investors invested $10 billion (₹84,799 crore) in the previous five months – the highest among the major emerging markets in the same period.

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