Foreign investment in Indian stocks hits 24-month high
Data from NSDL reveals that Foreign Institutional Investors (FIIs) pumped ₹29,631 crore into Indian shares during August, marking their biggest monthly purchase in almost two years. This represents two consecutive months of net buying following a four-month period of sell-offs. Positive market sentiment was driven by robust earnings for the June quarter, alongside Reserve Bank of India initiatives aimed at bolstering the rupee and drawing in overseas capital.
by shortkt.com✓