Market gets ₹1,600 cr FPI inflows in 2024, down 99% from last year
Financial Express Mumbai|December 30, 2024
THE YEAR 2024 saw a sharp slowdown in foreign portfolio investor (FPI) activity, with foreign investors pumping in just over ₹1,600 crore on a net basis into the domestic equity market, a steep fall of 99% from the robust inflows of ₹1.71 lakh crore in the previous year.
HITESH VYAS

The significant shift can largely be attributed to concerns over the valuation of Indian stocks, below-expected domestic GDP growth in the second quarter of fiscal 2025, weak corporate earnings and higher US bond yields.

According to the National Securities Depository Limited (NSDL) data, FPIs injected ₹1,656 crore on a net basis into the Indian equity market this year (until December 27). Foreign investors were majorly selling in the stock market while buying in the primary market.

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