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Foreign investors return to Indian stocks with net investment of Rs 4897 cr this week


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Published in Stocks and Investing on by ThePrint   Print publication without navigation

New Delhi [India], August 24 (ANI): Foreign investors made a notable return to the Indian stock market this week (August 19-23). The foreign investors made a net purchase of equities amounting to Rs 4,897.16 crore, according to data from the National Securities Depository Limited (NSDL). Show Full Article This marks a significant shift from the […]

Foreign investors have resumed investing in Indian stocks, injecting a net amount of Rs 4,897 crore this week, marking a shift from their previous trend of net selling. This investment surge is attributed to India's robust economic growth and the anticipation of a US Federal Reserve rate cut, which has bolstered investor confidence. Data from the National Securities Depository Ltd. indicates that while foreign portfolio investors (FPIs) were net sellers in the cash market, their activity in the derivatives market, particularly in index futures, has been significant. This week's investment follows a period where FPIs had withdrawn Rs 25,586 crore from Indian equities in May, highlighting a notable turnaround in sentiment towards the Indian market.

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[ https://theprint.in/economy/foreign-investors-return-to-indian-stocks-with-net-investment-of-rs-4897-cr-this-week/2236634/ ]

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