CURRENT AFFAIRS

Detailed explanation-1: -Foreign investors have pulled out nearly Rs 7, 500 crore from the Indian equity markets in the first two weeks of October on concerns of monetary policy tightening by the US Federal Reserve and other central banks globally, which could hamper global economic growth.

Detailed explanation-2: -NEW DELHI: Foreign investors have pumped in a little over Rs 51, 200 crore into the Indian equity markets in August, making it the highest inflow in 20 months, amid improving risk sentiment and stabilisation in oil prices.

Detailed explanation-3: -NEW DELHI: Before going away for Christmas and New Year vacations, foreign institutional investors or FIIs spent over $1 billion on Indian stocks in the penultimate fortnight of 2022.

Detailed explanation-4: -FIIs generally hold equity positions in foreign financial markets. Due to this, the companies invested in by FIIs generally have improved capital structures due to healthy inflow of funds. Thus, FIIs facilitate financial innovation and growth in capital markets.