India receives the highest FPI flows in equity in November

The Indian equity market has been on a roll in the first week of November, with the Nifty50 rising 8.58 per cent. The rally has been largely driven by foreign portfolio investors (FPIs), who have made net investments of $4.11 billion in this period, making India the top recipient of foreign equity inflows among emerging markets. According to data from Bloomberg, South Korea and Taiwan, two major beneficiaries of the AI-led investment boom, witnessed substantial outflows. Other emerging markets, including Thailand, Indonesia, Vietnam, and Brazil, also witnessed net outflows last week. South Korea and Taiwan witness heavy outflows India’s FPI…