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FPIs invest Rs 22k cr in Indian markets in Aug as inflation concerns soften

This was way higher than a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in the entire month

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(Photo: Bloomberg)

Press Trust of India New Delhi
After turning net buyers last month, foreign investors have become aggressive shoppers of Indian equities and have invested Rs 22,452 crore in the first two weeks of August amid softening inflation concerns.
 
This was way higher than a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in the entire month of July, data with depositories showed.
 
FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year.
 
Between October 2021 till June 2022, FPIs sold Rs 2.46 lakh crore in the India

(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.)

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