While we solicit FPI flows, our savings remain frozen in Tijoris: Nilesh Shah
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New Delhi, Nov. 29 -- As foreign portfolio investors (FPI) pump in a whooping Rs.62,951 crore into Indian markets, in a first time ever trend, Association of Mutual Funds in India (AMFI) chairman Nilesh Shah tries to encourage domestic investors to follow suit.
On Saturday, Shah tweets, while we solicit FDI/FPI flows for Investment, our saving remains frozen in Tijori. Give up Kasturi Mrug attitude & use our savings for our growth.
He adds to India to become more self-reliant, more Indian investors need to participate in the markets.
The FPIs were the net buyers for the second consecutive month in November. Last month, FPIs were net buyers to the tune of Rs.22,033 crore.
According to depositories data, FPIs invested a net Rs.60,358 cr...
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