FPI inflow hits 9-month high of ₹57,359 crore in equities in Sept

Foreign investors have poured Rs 57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut by the US Federal Reserve.

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With this infusion, foreign portfolio investors' (FPIs) investment in equities has surpassed the Rs 1 lakh crore mark in 2024, data with the depositories showed.

Going ahead, FPI inflows are likely to remain robust, driven by global interest rate easing and India's strong fundamentals.

However, the RBI's decisions, particularly regarding inflation management and liquidity, will be key in sustaining this momentum, Robin Arya, smallcase Manager and founder & CEO of research analyst firm GoalFi, said.

According to the data, FPIs made a net investment of Rs 57,359 crore in equities until September 27, with one trading session still left this month.

This was the highest net inflow since December 2023, when FPIs had invested Rs 66,135 crore in equities.