In the Indian stock market, there is a sharp sell-off from foreign investors, so if you feel that the attraction of the domestic market is ending for foreign investors, then you should also look at some more figures which prove that the effect of foreign investors on the market is not only still there but it is also increasing. In fact, amid the sell-off of FPIs, the list of foreign funds queuing up to enter the Indian market is constantly increasing. If the figures are to be believed, last month FPIs have sold equity worth more than Rs 90 thousand crore in the domestic markets. However, amid this sell-off, many new foreign investors have entered the domestic market. According to the report of Moneycontrol, during this period 67 new foreign funds have entered the domestic market, not only this, quoting sources, the report said that 40 to 50 more new funds are in the process of getting their license in India.
Registration of new foreign funds increased
Currently there are 11666 registered FPIs in India. As of 31 December 2023, this number was 11143. At the same time, this number was 10975 till 31 December 2022. So far in the year 2024, 523 new foreign funds have registered themselves in India. In 2023, their number was only 168. 2022 was the best year in terms of registration of new FPIs when 604 new FPIs registered themselves in the domestic market. What is the reason for new registration According to sources, new funds are entering the domestic market in view of the long list of new issues in the IPO market and the positive attitude towards equity for the medium to long term and the earning opportunities being created in different segments in the market. In the year 2024, 68 companies have entered the market with their issues and in total have raised more than Rs 1 lakh crore from the market. At the same time, many more companies are preparing to bring IPO in the remaining 2 months of 2024. Market experts believe that in view of these signals, new funds are entering the domestic market.
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