Foreign Money Is Back: FPIs Invest ₹12,921 Crore in a Week
What Happened
Foreign Portfolio Investors (FPIs) invested ₹12,921 crore in Indian equities during the first week of August, extending the buying momentum seen in July. The inflow follows a ₹20,200 crore investment in July, marking a sharp turnaround after four consecutive months of heavy selling.
Key Takeaways
Analysts attribute the inflows to expectations of US interest rate cuts, lower crude oil prices, a stable rupee, improving RBI growth projections, and easing geopolitical tensions.