Foreign investors turned net buyers in July nearly after 10 months, with an investment of around Rs 4,989 crore in the Indian equity markets. This comes after heavy sell-off by these entities of around Rs 50,203 crore in June.
According to the NSDL data, investment of foreign investors in July month stood at Rs 4,989 crore, as compared to over Rs 50,000 crore outflow in June, Rs 39,993 crore outflow in May, and Rs 17,144 crore outflow in April.
"This reversal in FPI activity is one...
Foreign investors turned net buyers in July, net investment Rs 4,989 crore
Foreign portfolio investors (FPI) have made a net investment of Rs 5,001 crore so far in August in Indian equities, according to data from NSDL.
The FPIs have made a comeback after a net outflow of Rs 11,308 crore in July.
With the investments in August, the net FPI investment in the equities segment in 2021 now stands at Rs 54,037 crore.
During the week which ended on Friday, the Indian stock market scaled new highs, with the BSE Sensex crossing the 56,000 mark.
On Wednesday, Sen...
FPIs invest Rs 5,001 cr in Indian equities so far in August