FPIs Remain Net Buyers, Mop Up Over Rs 1,100 Crore Worth Of Equities

Foreign Portfolio Investors (FPIs) have continued their positive trend in the Indian equity market, acquiring over ₹1,100 crore worth of stocks recently. This influx comes despite a relatively subdued response from domestic institutional investors, who only managed a net purchase of ₹440.34 crore in equities. The ongoing interest from FPIs indicates confidence in India's market potential, which has been bolstered by various economic reforms and a stable political environment. Analysts suggest that the sustained buying by FPIs reflects their belief in the long-term growth trajectory of Indian companies, particularly in light of favorable government policies and recovery signs in several sectors. The contrasting buying patterns between FPIs and domestic investors highlight differing market sentiments, with FPIs showing resilience in their investment strategies amidst fluctuating market conditions.
Originally reported by NDTV Profit. Read original article
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