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FPIs turn net buyers of equities in Jan so far; invest Rs 3,202 cr

After three months of selling spree, foreign investors have turned net buyers in the first week of January by infusing Rs 3,202 crore in Indian equities

Over the past three months, FMCG stocks have cornered the highest FPI flows at $1.7 billion, according to an analysis by IIFL Alternative Research.
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Press Trust of India New Delhi
After three months of selling spree, foreign investors have turned net buyers in the first week of January by infusing Rs 3,202 crore in Indian equities, as correction in markets provided them good buying opportunity.

Going forward, FPIs flows will remain volatile on the expectation of the US Fed 
rate hike, rising concerns over the Omicron variant and elevated inflation levels, experts said.

The latest inflow came after witnessing a net outflow of Rs 38,521 crore during October-December 2021. Before that, foreign portfolio investors (FPIs) had made a net investment of Rs 13,154 crore in September last year.

According to data available with the

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