indian stock market But once again foreign investors have gone crazy. The speed at which he is pouring in money seems to indicate that he is afraid of being left behind. They feel that they might miss this boom in the Indian market. Let us tell you that Foreign Portfolio Investors (FPIs) have invested Rs 57,359 crore in Indian stock markets so far in September, which is the nine-month high level of their investment. FPI investment in the Indian market is continuously increasing after the US central bank Federal Reserve cut the key interest rates by 0.50 percent.
Investment above Rs 1 lakh crore
According to depository data, this year i.e. in 2024, FPI investment in Indian shares has crossed the Rs 1 lakh crore mark. Robin Arya, small-case manager and founder and chief executive officer (CEO) of research analyst company Golfai, said FPI inflows will remain strong going forward. Due to reduction in interest rates globally and strong fundamentals of India, FPIs are betting on the Indian market. Along with this, he said that the decisions related to inflation management and liquidity of the Reserve Bank of India will be important to maintain this pace. According to the data, FPIs have made a net investment of Rs 57,359 crore in shares till September 27. There is still one trading session left in this month.
Fastest investment after December, 2023
This is the highest net inflow since December, 2023. At that time FPI had invested Rs 66,135 crore in shares. FPIs have continued to be net buyers since June. In April-May, he had withdrawn Rs 34,252 crore from shares. Overall, except January, April and May, FPIs have been net buyers in all other months this year. Himanshu Srivastava, Associate Director-Manager Research, Morningstar Investment Research India, said that several reasons have led to the surge in FPI inflows into Indian stock markets. One of the main reasons for this is the US Central Bank starting the cycle of interest rate cuts. According to the data, so far in September, FPIs have infused Rs 8,543 crore in the debt or bond market through the voluntary retention route (VRR) and Rs 22,023 crore through the fully accessible route (FRR).
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