FPI: Foreign investors’ confidence in Indian stock market returned, FPI invested ₹ 19,000 crore in November

Foreign Portfolio Investors: Foreign investors have invested about Rs 19,000 crore in the Indian equity markets so far in the month of November, behind which the rate of inflation in the US has softened and the strength of the dollar has decreased. On the basis of this, it can be said that the confidence of foreign investors has returned on the Indian markets and they are again becoming buyers by selling.

Foreign investors were sold in September and October
Depository data showed that November witnessed two consecutive months of withdrawals before turning favorable for foreign investors. Foreign investors made a net withdrawal of Rs 7624 crore from Indian markets in September and Rs 8 crore in October.

FPI bought in August and July
Prior to that, foreign portfolio investors (FPIs) made net purchases of Rs 51,200 crore in August and about Rs 5,000 crore in July. However, before that, from October 2021 to June 2022, foreign investors remained net sellers for nine consecutive months.

What do market experts say?
Geojit Financial Services Of VK Vijayakumar, chief investment strategist believes that FPIs can continue the buying spree in the coming days as well. He said that foreign investors may show interest in Indian markets due to softening trend in inflation data in the US and falling dollar and bond yields.

News Reels

Kotak Securities Of Shrikant Chauhan, head of equity research (retail) The current trend of foreign investors was attributed to softening inflation, lower global bond yields and a decline in the dollar index indicating the strength of the dollar. There itself morningstar india Of Co-Director Himanshu Srivastava “With the equity markets picking up in the recent past, foreign investors have also preferred to be a part of it in the hope of potential returns,” he said.

Money has also come out of the Indian market
Statistics show that from November 1 to November 11, foreign investors have invested a total of Rs 18,979 crore in the Indian equity markets. So far in the year 2022, the withdrawal of foreign investors from the Indian market has been Rs 1.5 lakh crore. However, foreign investors have also withdrawn Rs 2,784 crore from the Indian debt market so far in November.

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