IGI Logo

Below the Quote on FPI flows 07.11.2026 by flows from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited

“Last week the market witnessed a sudden and complete role reversals from institutions - FPIs turned aggressive buyers and DIIs turned sellers on all days. The aggressive buying by the FPIs and the consequent short squeeze triggered a big rally in the market pushing up the Nifty by 7.58% in a week. The sudden change in FPI stance was triggered by the AI sell-off in the US and other AI markets like South Korea, Taiwan and Japan. This sell-off, in turn, was triggered by fears surrounding data centre spending in the US. The Democrats, who won both the chambers of the Congress, are opposed to indiscriminate data centre spending. They will demand guard rails for AI. 

The AI sell-off has made India,  which is widely regarded as a non-AI trade, attractive for FPIs. Furthermore, the impressive earnings growth in India and the attractive large-cap valuations, made India a favoured investment destination. 

In November, so far, FPIs bought aggressively in the Indian market with a massive net inflow of Rs 45970 crores. This has spiked the Nifty by a spectacular 7.58% in the last one week. FIIs have turned major buyers in index heavy weights in financials, IT, automobiles and telecom."

Above views are of the author and not of the website kindly read disclaimer