Foreign bond investors (FPIs) finally reversed their selling streak this month, after emerging as net sellers in August, September and October on a sharp spike in US bond yields amid ongoing geopolitical tensions in the Middle East.
FPIs bought ₹378 crore of Indian stocks and the total inflow stands ₹13,673 crore as on November 24, taking into account debt, hybrid, debt-VRR and equities, according to National Securities Depository Ltd (NSDL) data.
FPIs were net buyers till November 15, but reversed the selling trend and invested on November 15 and 16. During August, September-October and till November 15, FPIs cumulatively sold shares for ₹83,422 crore through the exchanges.
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Updated: 25 Nov 2023, 17:19 IST