News From Press FPI inflows remain muted in February amid high valuations, shows data

FPI inflows remain muted in February amid high valuations, shows data

Source: Business Standard Mar 1, 2024

Inflows from foreign portfolio investors (FPIs) into domestic equities remained muted in February, weighing on the market performance. Market observers said expensive valuations in India saw global funds favour other emerging market (EM) peers such as South Korea, Taiwan, and Indonesia.

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