FIIs inflow in CY23 rises to nearly Rs 60,000 cr
Hitherto, FIIs pour in more than Rs 30,600 cr in June
Experts attribute turn around in FIIs inflow to country's stable macroeconomic profile, sturdy corporate earnings outlook
But, going forward, experts have warned of volatile FPIs inflows in India
This is because valuations have become rich
Plus, Fed’s warning of more rate hikes to contain inflation could trigger fresh FPIs outflow text
Sensex has given YTD return of risen nearly 3%
FPIs have maintained continuous inflow in India since March, 2023
FPIs were net sellers of domestic equities in FY23, FY22