FPIs Turn Net Sellers In September After Six Months Of Inflows
Foreign portfolio investors turned net sellers of Indian equities after six months of sustained buying amid rising US interest rates and dollar appreciation.
The FPIs offloaded stocks worth Rs 14,768 crore in September, after buying equities worth Rs 1.69 lakh crore from March to August this year, according to data from the National Securities Depository Ltd.
The FPIs marked their longest selling spree worth Rs 17,112 crore in the last nine trading days of September. However, the domestic investors remained net buyers during eight of the last nine days, and have remained bullish in September. The DIIs stayed net buyers for the second straight month by mopping up stocks worth Rs 20,312 crore, according to the data from the National Stock Exchange.
On a net basis, the Indian equities saw institutional outflow of Rs 6,379.3 crore in September against buying worth Rs 4,977.4 crore in the previous month.
On Friday, the S&P BSE Sensex closed up 320 points, or 0.49% at 65,828.41, while the NSE Nifty 50 was 115 points, or 0.59% higher at 19,638.30.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
