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Foreign investors buy record ₹14,796 crore of Indian shares in one session

The largest daily foreign inflow since 2021 signals a reversal of heavy October selling, which matters for India's equity markets and capital flows.

Photo: Asif Methar, Pexels

What happened

Foreign Portfolio Investors bought ₹14,796 crore worth of Indian shares on Thursday, according to provisional stock exchange data. angelone.in+1 This was their largest single-day purchase since February 24, 2021, when net buying stood at ₹28,739 crore. angelone.in The buying came after foreign investors sold a record $30 billion of Indian equities through October. angelone.in Net purchases over the past five trading sessions totalled ₹20,835 crore ($2.20 billion). angelone.in

Around it

The buying coincided with a sharp fall in crude oil prices following the US midterm elections, and a selloff in artificial intelligence-linked stocks led global funds to review their exposure to different markets. angelone.in Overseas investors bought Indian equities worth more than ₹9,000 crore in November, reversing two consecutive months of net exits, as lower energy prices and stable US yields improved the appeal of emerging market risk assets. The Economic Times Analysts attributed the reversal in foreign flows to the fall in US Treasury yields and crude oil prices. The Economic Times

Sources

  1. angelone.inForeign Investors Buy ₹14,796 Crore in Indian Equities; Record Biggest Daily Purchase Since 2021!
  2. business-standard.comFPIs buy ₹14,796 cr worth Indian stocks in biggest daily inflow since 2021
  3. The Economic TimesFPIs change course, buy over Rs 9,000 cr of Indian equities in Nov

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