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Foreign Portfolio Investors Have Shown Robust Interest In Indian Equities

etemaaddaily.com 2024/10/6

Foreign Portfolio Investors (FPIs) have shown robust interest in Indian equities, with a net inflow of 7,962 crore rupees recorded till July 5, supported by favourable economic indicators and earnings growth momentum. This follows a robust inflow of 26,565 crore rupees in the last month. 

According to depositories’ data, in 2024, FPIs will have invested a total of 1.16 lakh crore rupees in Indian equities so far. FPIs have also invested 6,304 crore

rupees in the debt market during the same period, taking the tally to 74,928 crore rupees as of July 5. 

Earlier, FPIs had withdrawn 25,586 crore rupees in May due to election uncertainties and over 8,700 crore rupees in April this year. Prior to that, FPIs made a net investment of 35,098 crore rupees in March and 1,539 crore rupees in February, while they withdrew 25,743 crore rupees in January.

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