FPIs sold ₹34,843 crore of Indian equities in October
In short
Foreign portfolio investors sold ₹34,843 crore of Indian equities in October, then bought again near the end of the month.
This matters because the late buying improved sentiment in the short term. But the reporting says it is still unclear if this is a real turnaround or just a brief pause.
What the reporting says
Foreign portfolio investors pulled out ₹34,843 crore from Indian equities in October, then turned net buyers by the end of the month. The only available reporting says the late-month buying improved near-term flows, but market experts warned that one week of buying does not prove a lasting reversal. The broader cause of the outflow is not stated in the available reporting.
Why it matters
Foreign portfolio investors pulled ₹34,843 crore from Indian equities in October and later became net buyers by month-end. The reported shift helped near-term sentiment in markets, but the available summary says experts do not see one week of buying as proof of a sustained reversal. The reporting does not state why the selling happened or whether the trend will continue.