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Foreign investments have continued to flow in post the Union Budget which announced further liberalisation measures including privatisation of banks and also did not come up with a new tax levy.
So far, in the financial year 2021-22, net FPIs into equities stood at ₹2.63 lakh crore, the highest ever FPI inflow into the country.
Further, the net foreign institutional investment (FII) during the month was ₹42,044.46 crore.
The rising foreign investments have also led to the strengthening of the Indian rupee.
However, the recent bond yield surge both in the US and the domestic market have caused a frenzy in among the investors leading to bear run in the stock markets.
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