Saturday, April 13, 2024

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Not just Tesla, Elon Musk’s India visit may also bring Starlink announcement

Tesla CEO Elon Musk's upcoming visit to India has sparked speculations of the electric car company's entry into Indian markets soon....
HomeNewsWhy are foreigners shopping for Indian stocks?

Why are foreigners shopping for Indian stocks?

Foreign institutional investors (FII) recorded a new high of Rs 4.06 lakh crore ($49 billion) in gross purchases in March, marking the first time they crossed the Rs 4 lakh crore mark in a month. The shift in valuation approach to PEG for Indian equities and strong domestic inflows have contributed to the market’s growth.