Foreign portfolio investors (FPIs) bought Indian shares worth 466.18 billion rupees ($5.63 billion) on a net basis in July, data from the National Securities Depository Ltd (NSDL) showed on Friday.
This is slightly less than inflows of 471.5 billion rupees in June 2023, the highest monthly FPI inflow since August 2022.
Sustained FPI inflows have powered the uptick in the blue-chip Nifty 50 (.NSEI) and S&P BSE Sensex (.BSESN), driving the benchmarks to record highs. The Nifty 50 rose 2.94% in July.
No comments:
Post a Comment