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FOREIGN INVESTORS MAKE COMEBACK WITH AN INVESTMENT OF Rs 24,453 CRORE
The Business Guardian
|December 08, 2024
Foreign investors have made a strong comeback to Indian equity markets, with a net purchase of over Rs 24,400 crore in the first week of December.
According to data from the National Securities Depository Limited (NSDL), Foreign Portfolio Investors (FPIs) invested Rs 24,453 crore in equities between December 2 and December 6.
The biggest single-day inflow during the week was on Friday, December 6, when FPIs bought equities worth Rs 9,489 crores, marking their highest investment for the week.
This substantial buying spree is a sharp reversal from the selling trend observed in October and November, when foreign investors were net sellers in Indian markets.
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