FPIs bought Rs 38,971 crore of stocks in first week of November
In short
Foreign Portfolio Investors bought stocks worth ₹38,971 crore in the first week of November. In October, they had sold ₹34,843 crore worth of stocks, said an analyst at Choice Wealth.
The strong shift from selling to buying may lift sentiment.
What the reporting says
Foreign Portfolio Investors net bought stocks worth ₹38,971 crore in the first week of November, compared with net sales of ₹34,843 crore in October, according to an analyst flag from Choice Wealth. The flow reversal highlights stronger foreign buying at the start of the month. The brief gives no sector split or stated trigger for the shift beyond the reported numbers.
Why it matters
Foreign Portfolio Investors net bought stocks worth ₹38,971 crore in the first week of November, versus net sales of ₹34,843 crore in October, according to a Choice Wealth analyst flag. The swing points to a sharp change in foreign flows into equities at the start of November.