<p>Foreign portfolio investors (FPI) remained net buyers for the second consecutive month in November by pumping in a whopping Rs 62,951 crore in Indian markets.</p>.<p>For equities segment, this is the highest quantum of money invested ever since the FPI data has been made available by the National Securities Depository Ltd.</p>.<p>According to depositories data, FPIs invested a net Rs 60,358 crore into equities and Rs 2,593 crore in debt segment, taking the total net investment to Rs 62,951 crore between November 3-27.</p>.<p>In October, FPIs were net buyers to the tune of Rs 22,033 crore.</p>.<p>Global investors are preferring to invest in emerging markets more than developed markets as the potential upside is much higher in emerging markets, said Harsh Jain, co-founder and COO at Groww.</p>.<p>Inflows into other emerging markets like South Korea and Taiwan show a similar trend, he added.</p>.<p>"FPIs have invested into top bluechips of India in a big manner. A bulk of the investment that has come in has been into the banking sector. So, the inflow has been concentrated in a few stocks," Jain further said.</p>.<p>Himanshu Srivastava, associate director - manager research, Morningstar India said that "few uncertainties have been behind us in November with the major one being the outcome of US Presidential election".</p>.<p>Attractive valuation compared to the developed markets and weakness in the dollar also supported buying, Srivastava said.</p>.<p>Going forward, the biggest challenge on domestic front will be to bring down Covid-19 cases and get the economy back on the growth trajectory, he said. </p>.<p>There has been improvement in the macro economic scenario which has so far ensured that FPI flow remain intact, Srivastava noted.</p>.<p>Continuation of accommodative stance by global central banks may ensure flow of foreign investments into emerging markets, including India, he added.</p>
<p>Foreign portfolio investors (FPI) remained net buyers for the second consecutive month in November by pumping in a whopping Rs 62,951 crore in Indian markets.</p>.<p>For equities segment, this is the highest quantum of money invested ever since the FPI data has been made available by the National Securities Depository Ltd.</p>.<p>According to depositories data, FPIs invested a net Rs 60,358 crore into equities and Rs 2,593 crore in debt segment, taking the total net investment to Rs 62,951 crore between November 3-27.</p>.<p>In October, FPIs were net buyers to the tune of Rs 22,033 crore.</p>.<p>Global investors are preferring to invest in emerging markets more than developed markets as the potential upside is much higher in emerging markets, said Harsh Jain, co-founder and COO at Groww.</p>.<p>Inflows into other emerging markets like South Korea and Taiwan show a similar trend, he added.</p>.<p>"FPIs have invested into top bluechips of India in a big manner. A bulk of the investment that has come in has been into the banking sector. So, the inflow has been concentrated in a few stocks," Jain further said.</p>.<p>Himanshu Srivastava, associate director - manager research, Morningstar India said that "few uncertainties have been behind us in November with the major one being the outcome of US Presidential election".</p>.<p>Attractive valuation compared to the developed markets and weakness in the dollar also supported buying, Srivastava said.</p>.<p>Going forward, the biggest challenge on domestic front will be to bring down Covid-19 cases and get the economy back on the growth trajectory, he said. </p>.<p>There has been improvement in the macro economic scenario which has so far ensured that FPI flow remain intact, Srivastava noted.</p>.<p>Continuation of accommodative stance by global central banks may ensure flow of foreign investments into emerging markets, including India, he added.</p>