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FPIs stage strong comeback to Indian equities with ₹24,454 crore inflow in December first week

Millennium Post Delhi

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December 09 2024

On the other hand, FPIs pulled out Rs 142 crore in the debt general limit and invested Rs 355 crore in the debt VRR during the period under review

FPIs stage strong comeback to Indian equities with ₹24,454 crore inflow in December first week

NEW DELHI: After heavy selling in the past two months, foreign portfolio investors (FPIs) have staged a strong comeback to Indian equities with a net investment of Rs 24,454 crore in the first week of December amid stabilising global conditions and expectations of potential US Federal Reserve rate cuts.

This revival follows significant outflows in the preceding months, with FPIs pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October - the worst monthly outflow on record.

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