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FPIs return to Indian equities with ₹24,454 cr inflow in Dec
Mint Mumbai
|December 09, 2024
After heavy selling in the past two months, foreign investors staged a strong comeback to Indian equities with a net investment of ₹24,454 crore in the first week of December amid stabilising global conditions and expectations of a potential US Federal Reserve rate cuts.
This revival follows significant outflows in the preceding months, with foreign portfolio investors (FPIs) pulling out a net ₹21,612 crore in November and a massive ₹94,017 crore in October—the worst monthly outflow on record.
Interestingly, September marked a nine-month high for FPI inflows, with a net investment of ₹57,724 crore, highlighting the volatility in foreign investment trends.
With the latest inflows, FPI investments in 2024 reached ₹9,435 crore so far, data with the depositories showed.
यह कहानी Mint Mumbai के December 09, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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