New Delhi [India], November 2 (ANI): After three consecutive months of persistent selling, foreign portfolio investors (FPIs) turned net buyers in Indian stock markets in October.
According to data from the National Securities Depository Limited (NSDL), October saw a positive inflow of Rs 14,610 crore in Indian equities on a cumulative basis.
Indian stock indices have recently maintained a positive trend, supported by robust GDP growth, GST reforms, stable macroeconomic fundamentals, and optimism surrounding an anticipated India-U.S. trade deal.
Overall, Indian equity markets had been choppy in recent months, barring a few bullish sessions, as investors remained uncertain about the trade deal with the United States, which had imposed a 50 percent tariff on Indian goods. The Sensex currently stands about 1,500–1,600 points below its all-time high of 85,978 points, reached in 2024.
As of 2025, the benchmark Sensex has risen by around 7 percent. In 2024, both Sensex and Nifty gained about 9–10 percent each, while in 2023, they advanced 16–17 percent cumulatively. In contrast, 2022 saw a modest gain of only 3 percent for both indices.
In July, August, and September, FPIs had sold equities worth Rs 17,741 crore, Rs 34,993 crore, and Rs 23,885 crore, respectively, the NSDL data showed. The selling pressure was largely attributed to U.S. tariffs, which affected India along with several other countries. These tariffs raised concerns about global trade stability and investor sentiment, prompting FPIs to reassess their market exposure.
By definition, foreign portfolio investment involves investors purchasing financial assets in foreign markets. In April, May, and June, FPIs were net buyers in India. So far in 2025, FPIs have cumulatively sold Indian equities worth Rs 1.39 lakh crore, according to NSDL data. (ANI)
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