Foreign Investors Remain Net Buyers In Stock Market
The Business Guardian|August 05, 2024
The buying spree in Indian stock markets by foreign portfolio investors (FPIs) continued into the second month.
Foreign Investors Remain Net Buyers In Stock Market

The net foreign investments into the Indian stock market stood at Rs 32,365 crore, data made available by National Securities Depository Limited showed.

In June, they bought stocks in India worth Rs 26,565 crore on a cumulative.

Foreign buyers investing in Indian stocks, at a time when both domestic institutional and retail investors, led indices Sensex and Nifty to touch fresh record highs now and then. This week, Nifty for the first time touched the milestone of 25,000 mark. The index has gained approximately 11 per cent over the past three months, driven by robust GDP growth, controlled inflation, strong domestic liquidity, and favorable monsoon conditions.

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