Fpi Inflows

US-China trade war to impact FPI inflows, says Bank of America Merill Lynch report

The US-China trade war will impact foreign investment into the country, and the Reserve Bank of India (RBI) will have to sell foreign currencies to defend the rupee at the 69 level to a dollar, a Bank of America Merill Lynch report said

Foreign investors pump $2.2 bn in March quarter on promising economic numbers, better corporate earnings

Continuing their buying spree in the March quarter, foreign investors pumped in $2.2 billion in the Indian equity market on hopes of better corporate earnings, promising economic data and buoyant global markets