Home / Markets / News / FPIs invest Rs 49,250 cr in August so far on strong corporate earnings

FPIs invest Rs 49,250 cr in August so far on strong corporate earnings

FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year

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3 min read Last Updated : Aug 28 2022 | 11:11 PM IST

After turning net buyers last month, foreign investors have become aggressive shoppers of Indian equities and pumped in Rs 49,250 crore so far in August on improvement in corporate earnings and macro fundamentals.

This was way higher than a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in the entire July, data with depositories showed.

FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year. Between October 2021 and June 2022, they sold a massive Rs 2.46 lakh crore in the

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Topics : FPIs FPI investment Foreign portfolio investor foreign portfolio investments corporate earnings

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