Indian retail investors made a record ₹16,944 crore net purchase in January 2026, the strongest in 14 months.

Retail investors in India made a record net purchase of ₹16,944 crore in January 2026, the highest in 14 months and strongest since October 2024, according to the NSE. This boosted year-to-date inflows, narrowing the fiscal year’s net outflow to ₹687 crore. Including IPOs, total retail inflows for FY26 reached ₹40,685 crore. Despite January’s strong rebound, overall retail participation in the secondary market remained more cautious than in FY25, when investments hit ₹1.59 lakh crore, indicating measured engagement in Indian equities.