India’s foreign portfolio investors shift to debt, buy US$ 730 million in equity this week

FPIs bought US $ 730 million in Indian equities this week, but mostly via IPOs rather than secondary-market trades.

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India’s foreign portfolio investors shift to debt, buy US$ 730 million in equity this week

India’s foreign portfolio investors shift to debt, buy US$ 730 million in equity this week
India’s foreign portfolio investors (FPIs) turned net buyers in equities, investing approximately US$ 730 million, though they sold heavily in secondary markets and net buying came primarily through IPO allocations, according to India Infoline. The overall equity sales by FPIs for the year remain at ₹ (67,831) crore. 
Analysts say the trend highlights how FPIs remain selective and cautious, favouring structured listings over open market exposures.
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