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Global funds fall in love with Indian stocks again, buy $1 billion in equities

Asia-Pacific 1 source 1 country 🔦 Under-reported 10m ago

Foreign portfolio investors (FPIs) have resumed buying Indian equities in July, marking a reversal of their previous selling trend. During the first 10 days of July, FPIs invested $2.59 billion (Rs 24,662 crore) in Indian stocks, establishing them as net buyers for the month after an extended period of continuous selling.

This renewed investment in equities follows a similar shift in investor sentiment toward Indian debt markets, which FPIs began purchasing again in June. The return of foreign capital to Indian stocks reflects growing confidence in the country's equity markets after months of outflows.

The $1 billion investment figure referenced in the headline appears to represent a portion of the broader July inflows, suggesting continued momentum in foreign investment activity throughout the month beyond the initial 10-day period tracked in the available data.

In-depth summary · AI, neutral
Read the full story at the source Times of India · IN