FPIs light up Dalal Street this Diwali with ₹48,000 crore buying spree
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Foreign portfolio investors pumped ₹48,263 crore into Indian equities between November 2 and November 6.
- ✓This buying spree marks a sharp turnaround after months of heavy selling.
- ✓Manishi Raychaudhuri said, "We are seeing signs of FII flows returning to emerging markets." Blue-chip stocks led this rally, boosting overall market sentiment significantly.
Story at a Glance
- Category
- MARKET
- Reported By
- cnbctv18
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
Foreign investors have stepped up buying in Indian equities, pumping in over ₹48,000 crore in five sessions as frontline stocks rally and overseas flows show signs of a turnaround.
Foreign portfolio investors (FPIs) are showing renewed appetite for Indian equities, pumping in nearly ₹48,263 crore over five consecutive trading sessions between November 2 and November 6, in a sharp turnaround after months of sustained selling.
Overseas investors were net buyers of equities worth ₹13,749.82 crore on Friday, according to provisional exchange data. This followed purchases of ₹16,277.99 crore on Thursday, taking buying across the two sessions to more than ₹30,000 crore.
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