Foreign Investors Fuel Indian Equities: Highest Inflow in Nine Months
Foreign investors injected Rs 57,359 crore into Indian equities in September, marking the highest inflow in nine months, driven primarily by a rate cut by the US Federal Reserve. The investment pushed FPIs' stake in equities past Rs 1 lakh crore in 2024, with expectations of sustained inflows.
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- India
Foreign investors pumped Rs 57,359 crore into Indian equities in September, achieving the highest inflow in nine months, mainly due to the US Federal Reserve's rate cut.
This significant investment boosted FPIs' total equity involvement past the Rs 1 lakh crore mark for 2024, as per depository data.
Looking forward, robust FPI inflows are expected, driven by global interest rate reductions and India's resilient economic fundamentals. However, the RBI's policies on inflation and liquidity will be crucial for maintaining this trend, according to Robin Arya, smallcase Manager and CEO of GoalFi.
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