Foreign portfolio investors (FPIs) continue to show interest in the Indian equities market, having invested Rs 16,405 crore in June so far on the country's economic rebound and positive growth outlook. FPI flows have gained momentum following a nine-month high of Rs 43,838 crore in equities in May. Sectorwise, capital goods, automobiles, auto components, and financials continue to be in favour among FPIs, while they are sellers of IT, metals, power, and textiles stocks. FPI investment is expected to continue thanks to positive corporate earnings, supportive policy environment, and ongoing economic recovery.
