New Delhi. Foreign portfolio investors (FPIs) continue to invest in Indian equity markets during July. According to data from the National Securities Depository Limited (NSDL), as of July 19, FPIs have invested Rs 30,772 crore in the domestic equity markets. With this, net FPI investment in calendar year 2024 has increased to Rs 33,973 crore.
Earlier in June also, FPIs had invested Rs 26,565 crore. Last week, FPIs have invested Rs 15,420 crore in the equity markets. With this, the total investment of FPIs in India in 2024 has increased to Rs 1,30,138 crore. Kotak Securities' equity research head Srikant Chauhan says that the markets have been strong in the last week due to better quarterly results and buying in shares of big companies. FPI investment may remain volatile in the coming week.
Last week, FPIs invested in the markets of Brazil, Indonesia, Malaysia, Philippines and South Korea including India. On the other hand, withdrawals were made from the markets of Taiwan, Thailand and Vietnam. Talking about domestic bond or debt markets, FPIs have invested Rs 13,573 crore till July 19. Earlier in June, a net investment of Rs 14,955 crore was made in the bond markets. So far in 2024, the total investment of FPIs in the debt markets has reached Rs 82,198 crore.
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