Business Standard

FPIs invest Rs 19k cr in equities in Nov on softening US inflation, dollar

This came following a net outflow of just Rs 8 crore last month and Rs 7,624 crore in September, data with the depositories showed

FPIs
Premium

Press Trust of India New Delhi
Foreign investors have infused close to Rs 19,000 crore in Indian equities so far this month, primarily due to moderating trend in the US inflation and softening of the dollar.
 
This came following a net outflow of just Rs 8 crore last month and Rs 7,624 crore in September, data with the depositories showed.
 
Prior to these outflows, Foreign Portfolio Investors (FPIs) were net buyers in August to the tune of Rs 51,200 crore and nearly Rs 5,000 crore in July. Before that, foreign investors were net sellers in Indian equities for nine months in a row which started in

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 13 2022 | 6:17 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com