FPIs flock to Indian Capital Market despite slowdown |
In spite of a decline in the GDP growth rate, Foreign Portfolio Investors flocked the Indian capital market in a big way in 2019 with a net inflow of over 18.3 billion dollars, including 13.7 billion dollars in equities, highest in the last six years. According to data from the capital market, as the year draws to a close, the debt market has seen a net inflow of nearly 3.8 billion dollars by FPIs, while a further amount of 1.3 billion dollars found its way to the hybrid instruments.Experts believe the positive trend may continue in 2020 as well, but downside risks might arise in the form of the US-China trade war and any further deterioration in the domestic credit market conditions.
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