Foreign investors pour over Rs. 12,000 crore (US$ 1.51 billion) in Indian equities in last 10 days
After being sellers over the previous few months, foreign institutional investors (FIIs) have invested Rs. 12,190 crore (US$ 1.53 billion) in the Indian equity market during the past ten days. However, domestic institutional investors (DIIs) sold shares worth Rs. 2,677 crore (US$ 336.36 million) during the same period.
The increase of money entering the market has contributed to benchmark indices rising rapidly and the rupee strengthening against the US dollar.
According to data by National Securities Depository Limited (NSDL), foreign investments in July 2022 stood at Rs. 4,989 crore (US$ 626.85 million) compared to over Rs. 50,000 crore (US$ 6.28 billion) outflows in June 2022.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.