FPIs investment hits 10-month high of ₹47,148 crore in June
The Hindu
Foreign Portfolio Investors have pumped ₹47,148 crore in the Indian equities in June, marking the highest level of investment by FPIs in the last ten months
Foreign Portfolio Investors (FPIs) have pumped ₹47,148 crore in the Indian equities in June, making it the highest inflow in 10 months, enthused by the country's steadily improving macroeconomic fundamentals.
However, inflows in July may be subdued as FPIs might adopt cautious stance due to the recent comments from the U.S. Federal Reserve, Mayank Mehraa, Smallcase manager and principal partner at financial consultancy Craving Alpha, said.
Besides, V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said FPIs are likely to turn a bit cautious going forward as valuations in the country are rich from a short-term perspective.
According to the data, FPIs invested a net sum of ₹47,148 crore in Indian equities in June.
This came after a net investment of ₹43,838 crore in equities in May, ₹11,631 crore in April and ₹7,936 crore in March, data with the depositories showed.
Before that, FPIs pulled out over ₹34,000 crore from equities in January and February.
June marks the highest level of investment by FPIs in the last ten months. Before this, they invested a net sum of ₹51,204 crore in equities in August 2022, the data showed.

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