The foreign portfolio investors (FPIs) have turned buyers with a Rs 6,480 crore investment in October so far, driven by strong macroeconomic factors. The development comes after they withdrew money on a net basis for the past three months.
Notably, as per the data from depositories, the FPIs have pulled out Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs 17,700 crore in July.
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The renewed inflow in October marks a significant shift in sentiment and reflects fresh confidence among global investors towards Indian markets.
Despite the recent inflow, FPIs have still withdrawn around Rs 1.5 lakh crore so far in 2025.
As per the depositories data, in the debt market, FPIs invested about Rs 5,332 crore under the general limit and Rs 214 crore through the voluntary retention route this month (till October 17), indicating continued interest in Indian debt instruments.
The prospects of earnings growth in response to fiscal and monetary reforms have also improved, with the data indicating brisk sales of automobiles and consumer durables during the festive season.
Further, the domestic institutional investors (DIIs) purchased shares worth Rs 16,860 crore and sold shares worth Rs 15,334 crore.
The stock market on Friday climbed to a 52-week high, with benchmarks extending their winning run as the BSE Sensex crossed 84,000 for the first time since June 30, 2025, while the Nifty index crossed 25,700 for the first time since October 1, 2024.
The climb in the indices led by buying in autos, consumer durables, FMCG and banking heavyweights.