Indian stock markets opened in the green on Friday, with both benchmark indices witnessing modest gains despite continued foreign portfolio investor (FPI) outflows.
Foreign investors continue to pull money out of Indian stock markets, with net selling by Foreign Portfolio Investors (FPIs) reaching Rs 24,753 crore in the first week of March, according to data from the National Securities Depository Limited (NSDL).
Despite significant foreign portfolio investor (FPI) outflows in February, the Indian rupee managed to avoid sharp depreciation, because of a stable US dollar and the Reserve Bank of India's (RBI) active intervention, according to a report by Bank of Baroda.
The Reserve Bank of India (RBI) may have to inject additional Rs 1 lakh crore into the banking system by March to maintain liquidity at an equilibrium level, according to a report by the State Bank of India (SBI) research.
Indian stock markets valuations are closer to their long-term averages after the correction of nearly 15 per cent since September 2024, says a report by Antique Stock Broking.
Foreign investors have been aggressively selling Indian equities since the beginning of 2025, with total outflows now approaching the Rs 1 lakh crore mark.
Foreign Portfolio Investors (FPIs) have been consistently selling their holdings in the Indian stock markets. According to data from the National Securities Depository Limited (NSDL), FPIs sold equities worth Rs 19,759 crore during the week from January 20 to January 24.
The recent decline in India's forex reserve from USD 705 billion to USD 656.58 billion is because the central bank is using forex reserve to manage currency volatility says a report by Union Bank of India.