New Delhi, Dec. 1 -- : Foreign portfolio investors (FPIs) have infused funds worth Rs 36,239 crore in Indian stock markets in the month of November and became net buyers again, data from National Securities Depository showed.
In September and October, they were net sellers amid the strong US dollar index, weak rupee, and tightening of monetary policy.
The latest inflow of funds has been supporting Indian stock markets.
Indian stock indices traded sharply higher on Thursday morning and hit their lifetime highs for the fourth straight day. Robust foreign fund inflows into Indian equities, the appreciating Rupee, and hints by the US central bank about the moderating rate of interest hikes supported the investors' sentiment.
According to V ...