FPIs pump in over ₹36,200 cr in equities in Nov, continue as net buyers in Dec
- As per NSDL data, FPIs infused a whopping ₹36,239 crore in the equities market during November -- which is the second highest monthly buying in the current year after August where FPIs invested ₹51,204 crore.
Foreign portfolio investors (FPIs) pumped in more than ₹36,200 crore in the equities during November. The start of the last month of 2022 has also begun on a positive note with bulls rallying over Indian stocks taking benchmarks Sensex and Nifty 50 to their fresh all-time highs. However, on Friday, markets snapped their 8-day winning streak to end in red as investors cashed in their gains. Going ahead, domestic equities are likely to witness a fair share of money from FPIs, however, its high valuation will be a deterrent.
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