Market gets ₹1,600 cr FPI inflows in 2024, down 99% from last year
Financial Express Pune|December 30, 2024
THE YEAR 2024 saw a sharp slowdown in foreign portfolio investor (FPI) activity, with foreign investors pumping in just over ₹1,600 crore on a net basis into the domestic equity market, a steep fall of 99% from the robust inflows of ₹1.71 lakh crore in the previous year.
HITESH VYAS

The significant shift can largely be attributed to concerns over the valuation of Indian stocks, below-expected domestic GDP growth in the second quarter of fiscal 2025, weak corporate earnings and higher US bond yields.

According to the National Securities Depository Limited (NSDL) data, FPIs injected ₹1,656 crore on a net basis into the Indian equity market this year (until December 27).

Foreign investors were majorly selling in the stock market while buying in the primary market.

In contrast to equities, FPIs net bought ₹1.12 lakh crore of domestic debt in 2024, up from ₹68,663 crore in 2023.

This story is from the December 30, 2024 edition of Financial Express Pune.

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This story is from the December 30, 2024 edition of Financial Express Pune.

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