FPIs Pump ₹84,290 Crore Into Equities in First Fortnight of November
Foreign investors returned after two months of selling, with buying in large-cap stocks and key sectors helping push the Nifty above 25,000.
- Foreign Portfolio Investors pumped ₹84,290 crore into Indian equities in the first fortnight of November, marking a strong comeback after two consecutive months of net outflows.
- Falling crude prices, with Brent crude declining around 13% in the first week of November to nearly $97 per barrel, and a global AI-linked sell-off prompted this tactical shift, while attractive large-cap valuations also supported the inflows.
- Sustained buying helped the benchmark Nifty climb above the 25,000-mark, with aggressive buying in financials, telecom, capital goods, pharmaceuticals, and automobiles, according to Vijayakumar, Chief Investment Strategist at Geojit Investments.
- Domestic institutional investors are using the market rally to book profits, while FPIs have recovered only a small portion of their total withdrawals this year.
- Indian markets will track the Federal Reserve minutes, crude oil prices amid Iran-Gulf tensions, and rupee movements, with expectations of an RBI rate hike next week remaining a key driver.
14 Articles
14 Articles
Sensex, Nifty cheer as Bulls, FPIs back in Indian stock market; pump in over ₹84k cr in Nov so far - More rally ahead?
FPIs invested ₹84,291 crore in Indian equities in November, helping the Sensex and Nifty extend their recovery and drawing buying into broader markets. Analysts cite earnings growth, reasonable valuations and global portfolio shifts as drivers.
Foreign investors turn buyers, inject Rs 84,290 crore into Indian stocks in 9 sessions
Financials, telecom, capital goods, pharmaceuticals and automobiles attracted strong buying, while domestic institutions used the market rally to book profits. Investors are now watching the US Fed's policy signals and developments in West Asia.
DIIs book profits in longest selling streak in 4 years
Domestic institutional investors have recently unloaded more than ₹47,662 crore worth of equities amidst a market upswing. This shift showcases their tendency to lock in profits following substantial input into Indian stocks. Conversely, foreign portfolio investors have returned vigorously, investing about $8 billion since mid-October. This marks a notable change in market behavior, as local investors experience their longest selling streak in f…
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