Foreign Portfolio Investor (FPI) investment in the Indian stock market surged to an all-time high this week, with net investments totaling Rs 23,659.55 crore, according to data from the National Securities Depository Limited (NSDL).
The rally in Indian stocks continued on Friday as both indices, Nifty and Sensex, maintained their upward trend, with the Sensex nearing the 86,000 mark.
Indian stock indices Nifty and Sensex opened flat on Thursday amid selling by Foreign Institutional Investors (FIIs) and buying support from Domestic Institutional Investors (DIIs), keeping the indices in a balanced mode.
Stock indices in India continued to march ahead, touching fresh highs on Wednesday. Sensex closed above 85,000 and Nifty above 26,000 for the first time.
Mumbai (Maharashtra) [India], September 25: Fixed deposits (FDs) have consistently been a go-to investment for individuals who prioritise stability and low risk, as opposed to market-linked investments like mutual funds and stocks.
Indian stock markets opened flat on Wednesday as the monthly and quarterly expiry date approaches, though experts noted that the markets are still in bull mode.
This valuation premium is notable, with MSCI India's premium to MXAPJ (MSCI Asia Pacific ex-Japan) standing at around 90 per cent, a significant rise from the five-year average of 54 per cent. While mid and small-cap indices are trading at peak levels, large-cap stocks remain below their his