Undeterred by global central banks' moves, long-term FPIs stay put in Indian equities | Economic Times - Jobs World

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Sunday, October 23, 2022

Undeterred by global central banks' moves, long-term FPIs stay put in Indian equities | Economic Times

Undeterred by global central banks' moves, long-term FPIs stay put in Indian equities https://ift.tt/eZp5A0E share of sticky foreign funds - these include global central banks, pension funds, sovereign funds, and entities where a majority stake is owned by governments - in equity assets held by foreign portfolio investors rose to a record 24.30% last month, data from NSDL show. The increased share of sticky funds is an indication that redemption pressure on Indian equities will be relatively lower during the period of extreme risk aversion.

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