Mumbai: Foreign portfolio investors (FPIs) invested Rs 26,505 crore in Indian equities in December. The total inflow stands at Rs 30,852 crore as of December 8, taking into account debt, hybrid, debt-VRR, and equities. According to National Securities Depository Ltd (NSDL), the investment in cash market stands at Rs 10,874 crore.
As per market experts, the decline in the US treasury yields and softening of dollar amid rising bets that the US Federal Reserve is done with raising key interest rates have triggered foreign fund inflows into emerging markets like India.
Also Read: SIP inflows hit record high of Rs 17,000 crore in November
FPIs were net sellers in August, September and October on a sharp spike in US bond yields amid ongoing geopolitical tensions in the Middle East. FPIs were net buyers till November 15. During August, September October and till November 15, FPIs cumulatively sold stocks for Rs 83,422 crore through the exchanges.
FPI inflows into Indian equities during November stood at Rs 9,001 crore, compared to over Rs 39,000 crore worth of shares sold in September and October together. Taking into account debt, hybrid, debt-VRR, and equities, FPI inflows were at Rs 24,546 crore during the month.
Foreign institutional investors (FII) or Foreign portfolio investors (FPI) are those who invest in the financial assets of a country while not being part of it. On the other hand, Domestic Institutional Investors (DII) are those who invest in the country they are living in. Both types of investors can impact the economy’s net investment flows.
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