Team Blitz India
NEW DELHI: Foreign Portfolio Investors (FPIs) continue buying in Indian equities with a total net inflow of ₹43,804 crore in July so far, according to National Security Depository Limited (NSDL) data. FPIs have infused a massive ₹43,131 crore in Indian markets so far this month, taking into account debt, hybrid, debt-VRR, and equities, according to exchange data.
FPIs are likely on the path of recording the fifth monthly buying in the Indian market in a row. The foreign funds inflow was driven by a strong rally in Indian markets with Sensex and Nifty 50 hitting new lifetime highs this week.
Analysts say that India is the largest recipient of FPI flows among emerging markets. ‘’In July, through 21st FPIs have invested ₹43,804 crore in India. This figure includes investment through stock exchanges, primary market and bulk deals,” said analysts.
