FPIs infuse Rs 44,344 crore in stock markets this month ahead of Union Budget
Market analysts said that FPIs were consistent buyers with buying picking up during the week ended July 19.
Market analysts said that FPIs were consistent buyers with buying picking up during the week ended July 19.
There was a total net inflow of Rs 2,82,338 crore for both equity and debt in FY24.
Further, the FPIs reduced their buying momentum with the onset of the new fiscal 2024-25 (FY25).
In the first week of June, foreign investors withdrew around Rs 14,800 crore from the domestic stocks due to Lok Sabha elections and attractive Chinese valuation.
In May, foreign investors pulled out a massive Rs 17,000 crore from Indian equities in the first 10 days of the month.
The development came amid escalating tensions in the Middle East and a substantial surge in the US bond yields.
The rising bond yields in the US are impacting equity markets, says V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.
The distinct trend in FPI flows this year is the erratic nature of equity flows in contrast to the steady positive trend in debt inflows.
Foreign Portfolio Investments (FPIs) in March have shown a significant resurgence in their investment activity within the Indian equity markets, data with the depositories showed.
This rising trend in debt investment is evident in March too, with inflows of Rs 13,223 crore in debt through March 2022, he said.