Because of the Indian market’s resiliency and expectations of a possible interest rate decrease by the US Federal Reserve, Foreign Portfolio Investors (FPIs) invested Rs 27,856 crore in Indian shares in the first half of September.
Following a withdrawal of Rs 34,252 crore in April and May, FPIs have become aggressive buyers of Indian stocks since June. Depositories’ data indicates that FPIs have invested Rs 70,737 crore in equity thus far this year.
FII purchases of shares in the cash market daily was a noteworthy trend for the week ending September 13. This results in FIIs purchasing Rs 27862 crores between September 1 and September 13. It’s important to note that this week, FIIs purchased equities for Rs 22707 crores through the exchanges rather than the primary market as they did in prior weeks.
Apart from stocks, during the first two weeks of September, FPIs invested Rs 7,525 crore in debt via the Voluntary Retention Route and Rs 14,805 crore in government debt instruments via the Fully Accessible Route (FAR).
