The confidence of foreign investors in the domestic stock market is constantly increasing. After the performance of the domestic market and the decision of the Federal Reserve, foreign investors have made record-breaking purchases in the domestic stock market. According to Friday's data, foreign investors bought shares worth Rs 14064 crore in the cash market, which is the largest purchase made in a single day in the last 3 years, and this figure has been the 8th largest single-day purchase figure so far. In the month of September so far, foreign investors have bought shares worth Rs 33700 crore in the stock market. This is the second largest purchase figure for any month this year.
The biggest purchase made by FIIs in the Indian stock markets on a single day was on 6 May 2020 when foreign investors bought shares worth Rs 17123 crore in a single day. In March this year, foreign investors bought shares worth Rs 35100 crore. The main reason for this latest trend of foreign investors is the announcement of a half percent cut in rates by the Federal Reserve and the stability of the domestic stock markets. According to market experts, buying by foreign investors may continue in the coming times. According to the data till September 20, a total purchase of Rs 33691 crore has been made by foreign portfolio investors so far this month and with the help of this purchase, the investment of foreign investors in equity has reached Rs 76572 crore so far this year. Investors have been continuously investing money in the market since the month of June. Earlier, they had withdrawn Rs 34252 crore in April-May. At present, there are indications that investment from foreign investors may continue, in such a situation, the final investment figures in the month of September may reach new heights.
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