In February, FPIs became buyers in Indian equities at Rs 1539 crores despite high US bond yields.

In February, FPIs turned buyers in equity for Rs 1539 crores despite high U.S. bond yields. FPIs may sell in some days, but not aggressively as their selling does not impact the market setting new record highs. FPIs were big sellers in financials and FMCG in February, while they are increasing buying in debt, acquiring Rs 22419 crores in February. DIIs, HNIs, and retail investors are now leading the market, not FPIs.

March 02, 2024
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