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Below the Quote on FII flows from Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

"Ceasefire between Israel and Iran and the sharp decline in crude triggered a risk-on in global equity markets. Along with this favourable investment scenario, dollar continued to decline and the dollar index dipped to sub-97 level. Declining dollar is always a positive for emerging market equity; this encouraged FIIs to buy in India. FII buy figure for June, including buying through the exchange and primary market and others category, through 27th stood at Rs 8915 crores. 

FIIs were buyers in financials, capital goods and realty stocks and were sellers in FMCG, consumer durables and IT. 

FII buying has imparted strength to largecaps helping the Nifty and Sensex to scale new highs for 2025. 

FIIs continued selling in the bond market and this trend is likely to continue given the low yield differential between US and Indian bonds. 

Ample liquidity and investor optimism have the potential to sustain the rally. However, high valuations are a limiting factor. High valuations can attract profit booking."

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