FPIs continue buying streak, pump ₹30,920 crore into Indian stocks in August
For the second month in a row, foreign portfolio investors (FPIs) have been net buyers in the Indian equity market, pouring in ₹30,920 crore during August. This follows a ₹20,200 crore investment in July, signaling a turnaround after four months of significant sell-offs earlier this year. Analysts point to better corporate performance, a steady rupee, and reduced geopolitical tensions as the primary drivers behind this renewed interest in Indian markets.