The valuation premium of the MSCI India index has reached 55% and 12% by mid-June as against the MSCI Emerging Markets and MSCI World indices.
According to depositories data, FPIs invested Rs 15,312 crore in equities between June 1 and June 18
In April, the total net outflow from the Indian capital markets stood at Rs 9,435 crore.
The severe Covid second wave, increasing lockdowns, and concerns regarding its impact on GDP growth and corporate earnings seem to be behind FPI outfl
The growth forecast for India in FY 2021-22 have been pegged above 10% by the World Bank, IMF and several global research organisations
On the other hand, net foreign direct investment inflows jumped to $44 billion, till the end of January, up from $36.3 billion a year ago