FPIs invest Rs 2.74 lakh cr in equity markets during FY 21

Strong Foreign Portfolio Investment inflows into the Indian equity markets worth over 2 lakh 74 thousand crore rupees took place in the last financial year. The Finance Ministry has said that this reflects steadfast confidence of foreign investors in the fundamentals of the Indian Economy. Finance Ministry has said that this happened because of faster than expected economic recovery supported by multiple tranches of innovatively designed stimulus packages. It said that the Government and regulat...