In November, the total net investment of FPIs stood at Rs 62,951 crore.
"The economies world over have continued to improve at a pace that is much better than what was expected and hence, Indian markets may continue to see this kind of an inflow," Harsh Jain, co-founder and COO at Groww. said.
The announcements of various vaccine results is giving confidence to investors about the possible future of the markets, Jain added.
According to Himanshu Srivastava, associate director - manager research, Morningstar India, there has been "unprecedented interest" among FPIs towards emerging markets and India too has been benefiting from this trend.
The pace of net inflows increased considerably after the outcome of US presidential election. Besides, attractive valuation compared to the developed markets and weakness in the dollar has been supporting buying trend, he noted.
Commenting on future of FPI investment, Vinod Nair, head of research at Geojit Financial Services, said that in the near-term, inflows can slowdown as FPIs will have to review the strategy of next year considering the fiscal and monetary policies of developed economies and vaccination plan.
"On a long-term basis, the trend is likely to be buoyant," Nair added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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