FIIs favour India vs other EMs so far in Sept, buying spree may build on
Thu, Sep 19, 2024 9:43 AM

FIIs favour India vs other EMs so far in Sept, buying spree may build on

A Flip by Avya Verma
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Foreign investors have started big on India so far in September, pouring in $2.19 billion, outpacing other emerging markets. Thailand received $689 million, Indonesia $370 million, Malaysia $215 million, and the Philippines $66 million. While the trend is expected to continue, experts caution that India will need strong earnings growth to absorb the significant liquidity.

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