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FPIs pump in Rs 44,500 cr into Indian equities in three weeks of Aug

This was way higher than a net investment of nearly Rs 5,000 cr by Foreign Portfolio Investors in entire July, data with depositories showed

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(Photo: Bloomberg)

Press Trust of India New Delhi
After turning net buyers last month, foreign investors have shown tremendous enthusiasm for Indian equities and have infused close to Rs 44,500 crore in August so far amid softening of inflation in US and falling dollar index.
 
This was way higher than a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in entire July, data with depositories showed.
 
FPIs had turned net buyers for the first time in July after nine straight months of massive outflows, which started in October last year. Between October 2021 till June 2022, they sold a massive Rs 2.46 lakh crore

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)