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10.08 - 18:13
FPI investment in Indian equities lower than June, infuse ₹45,365 crore in July so far; will the rally sustain?
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Foreign portfolio investors (FPIs) bought ₹45,365 crore in Indian equities so far this month, which has been marginally lower than the total investment made in June 2023. According to NSDL data, FPIs infused ₹45,361 crore in Indian markets so far in July, taking into account debt, hybrid, debt-VRR, and equities, according to exchange data.
FPIs are likely on the path of recording the fifth monthly buying in the Indian market in a row. However, the foreign funds inflow was driven by a strong rally in Indian markets with Sensex and Nifty 50 hitting new lifetime highs this week.
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