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Nifty has firepower to skyrocket to new highs. Here’s why
Foreign Institutional Investors (FIIs) have made net investments of over Rs. 90,000 crore in the last four months in India. The buying continues as India’s strong growth potential, commendable financial results, and political and macro-economic stability make it an attractive investment opportunity. India’s macro-economic stability has shown resilience as the Consumer-Price Index-based inflation hit a 25-month low of 4.25% in May 2023, nearing RBI comfort level. The government's commitment to policy continuity, structural reforms, and business-friendly environment instils trust among investors, leading to heightened market participation.