Quote on FPI by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

27-07-2024 05:52 PM | Source: Geojit Financial Services Ltd

Quote on FPI by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

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Below the Quote on FPI by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

FPI investment in equity through 26th July stands at Rs 33688 crores. During the same period FPI investment in debt stands at Rs 19222 crores. For 2024 through 26th July FPI investment in equity stands at Rs 36888 crores and the investment in debt stands at Rs 87846 crores. (Source: NSDL)

A significant trend in the FPI and DII investment in equity is that during the last 30 months each time FPIs turned sustained sellers DIIs were sustained buyers and consequently, in this bull market the FPIs lost this tug of war since recently they have been buying the same shares at higher prices which they sold earlier at lower prices. The massive flow of money into the domestic mutual funds and the new found clout of the retail investors have strengthened the domestic investors over their foreign counterparts.

Since India is one of the best performing markets in the world, the FIIs cannot afford to sell continuously in India even though valuations are getting stretched.

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Quote on FPI by Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.

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