Foreign institutional investors (FIIs) have pulled out a massive Rs 20,024 crore from Indian equities this week alone, resulting in a 2.5 per cent dip in the key stock indices, Nifty and Sensex.
Foreign investors continued selling in the Indian equities market this week, though the pace has slowed compared to the previous week, according to data from the National Securities Depository Limited (NSDL).
Indian stock markets are witnessing a significant shift in investment patterns. Traditionally, foreign investors, often referred to as market movers, have had a dominant influence in the market.
Domestic investors, both institutional and retail, have been showing their growing influence in the Indian stock markets for quite some time, even as their foreign counterparts have been selling shares in huge quantities over the last few trading sessions.
The Indian stock market has been experiencing heavy selling pressure since the beginning of October, driven by Foreign Portfolio Investors (FPIs) pulling out large sums.
Indian stock market indices Nifty and Sensex opened flat on Tuesday as the markets entered a consolidation phase after foreign investors turned towards other Asian markets like China and Hong Kong.
Foreign Portfolio Investors (FPIs) continued their bullish stance on Indian stocks, infusing Rs 16,881.03 crore in the second week of September, according to data from the National Securities Depository Limited (NSDL).
Indian stock markets corrected sharply on Thursday amid global cues and FPI selling, as today marks the last day of the SEBI deadline for unregistered foreign investors to disclose beneficial owners.
The foreign investors made a net purchase of equities amounting to Rs 4,897.16 crore, according to data from the National Securities Depository Limited (NSDL).
Foreign investors have been reducing their exposure to Indian equities by selling equities worth Rs 7,769.73 crore in just the last week (August 12 to 17). This activity has caused their net investment for August to turn negative, signaling a shift in the investment.