Browsing Tag
FPI
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FPIs Rs 30,945 Crore into Indian Equities in May on Strong Economic Fundamentals.
This surge in foreign portfolio investments (FPIs) can be attributed to the country's robust macroeconomic fundamentals, the prospect of interest rate reductions, positive earnings forecasts, and the declining valuations of stocks.
Kotak Mahindra Bank’s FPI limit has crossed 25%, which may lead to an increase in its weightage in MSCI.
The recent increase in FPI limit and weightage in the MSCI Index is a reflection of the strong fundamentals and growth potential of Kotak Mahindra Bank.