Indian Economy News

FPIs investment in Indian equities rises 8% to US$ 566 billion in September quarter

  • IBEF
  • November 17, 2022

According to a Morningstar analysis released on Wednesday, after falling for three straight quarters, the value of FPI investment in Indian equities increased 8% quarter over quarter to reach US$ 566 billion in the July-September period.

The direction of flows by foreign portfolio investors (FPIs) was impacted by the rapidly shifting global macroeconomic backdrop, attitudes, and opportunities that the Indian equities markets had to offer.

The value of the domestic equities held by FPIs increased by 8% over the course of the quarter, from US$ 523 billion to US$ 566 billion.

Additionally, according to the report, the value of such investments was US$ 612 billion in the quarter ending in March and US$ 654 billion in the quarter ending in December 2021.

As a result, the contribution of foreign investors to the market capitalization of Indian equity also increased slightly during the quarter under review, rising to 16.97% from 16.95% for the three months ended June 2022.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.