FPIs inject Rs 7,900cr in equities in first week of Jul; investment surpasses Rs 1 lakh cr in 2024

PTI, Jul 7, 2024, 11:42 AM IST

Foreign investors infused over Rs 7,900 crore in Indian equities in the first week of the month amid a healthy economic and earnings growth momentum.

With this, total FPI investment in equities reached Rs 1.16 lakh crore so far this year, data with the depositories showed.

Going forward, the Union Budget and Q1 FY25 earnings could determine the sustainability of FPI flows, experts said.

According to the data, foreign portfolio investors (FPIs) have made a net inflow of Rs 7,962 crore in equities so far this month (till July 5).

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