FPIs pour $8.2 billion into Indian equities since mid-October
In short
Foreign investors have put $8.2 billion into Indian equities since mid-October, according to Jefferies.
What the reporting says
Foreign portfolio investors have poured $8.2 billion into Indian equities since mid-October, according to Jefferies, after nearly two years of selling. A BusinessLine Markets summary says foreign investor sentiment has improved and recent purchases suggest a possible reversal after a long period of withdrawals. The flows point to stronger interest in Indian stocks and a shift in overseas positioning.
Why it matters
Foreign portfolio investors have bought $8.2 billion of Indian equities since mid-October, according to Jefferies, after nearly two years of selling. A BusinessLine Markets summary says recent purchases point to improved sentiment and a possible reversal after heavy withdrawals. The flow matters for Indian markets because foreign buying can support stock prices and confidence.