FPIs stage rebound in December, net inflows surge to Rs 24,454 crore so far
Foreign portfolio investors (FPIs) reversed their selling trend in December, recording net equity inflows of Rs 24,454 crore so far this month.
With the latest inflows, FPIs have experienced a total net inflow of Rs 9,435 crore in 2024 so far, versus outflows of Rs 15,019 at the end of November.
This turnaround comes after heavy off-loading in domestic equities in the last two months, with net outflows of Rs 21,612 crore in November and Rs 94,017 crore in October.
Meanwhile, in September, FPIs bought domestic equities worth Rs 57,724 crore. While in August, they had purchased shares worth Rs 7,322 crore, which was down month-on-month from July when the total buying figures stood at Rs 32,359 crore.
In June, FPIs were net buyers at Rs 26,565 crore after remaining net sellers in April and May when they sold equities worth Rs 8,671 crore and Rs 25,586 crore, respectively.
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