Mumbai: The Foreign Portfolio Investment in Indian equities surged by 8% to $566 billion in the July-September period. Foreign Portfolio Investment in the previous quarter was at $523 billion. The value of foreign investment was $612 billion in the March quarter and $654 billion in the quarter ended December 2021.
During the quarter ended September 2021, the value of FPI investments in Indian equities was $667 billion. As market experts, the change in global macroeconomic landscape, sentiments and opportunities that the Indian equity markets offer influenced investors.
The foreign investors’ contribution to Indian equity market capitalisation grew marginally during the quarter to 16.97% from 16.95% for the three months ended June 2022.