FPIs: FPIs raise bullish bets as India outperformance picks up pace

The Nifty 50 is up 13% in the last six months – the highest among major indices, while the currency adjusted return stood at 4% – one of leading in the EM space.

Synopsis

The six-month rolling cumulative inflow of FPIs has turned positive for the first time in a year at ₹34,539 crore ($4.14 billion) at the end of November 2022, data from NSDL show. This six-month rolling cumulative reading was the highest in 14 months as overseas investors invested $10 billion (₹84,799 crore) in the previous five months – the highest among the major emerging markets in the same period.

ET Intelligence Group: A sharp outperformance of Indian equities aided by a world-beating rally is turning foreign portfolio investors (FPIs) to raise bullish bets on Asia’s third-largest economy. Foreign fund flow is helping Indian indices sustain momentum when domestic inflow is moderating.

The six-month rolling cumulative inflow of FPIs has turned positive for the first time in a year at ₹34,539 crore ($4.14 billion) at the end of November

BY

ET Bureau

3 mins read, Last Updated:

Dec 06, 2022, 05:56 AM IST

Gift A Story

Share member-only stories with your friends or family and help them read it for free.

Gifting Limit Reached!

Hey , no more stories left for you to gift.

No worries! You will get a limit of 15 stories next month to share with your friends and family.

Gift This Story

Stories Left!

You can gift upto 15 stories in a month.

• FONT SIZE

  AbcSmall

  AbcMedium

  AbcLarge

• SAVE
• PRINT
• COMMENT

Continue reading with one of these options:

Limited Access

Free

Login to get access to some exclusive stories
& personalised newsletters

Login Now

Unlimited Access

Starting @ Rs120/month

Get access to exclusive stories, expert opinions &
in-depth stock reports

Subscribe Now

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Sign-in to read

To read full story, subscribe to ET Prime

Get Unlimited Access to The Economic Times

₹34 per week

Billed annually at
₹2499 ₹1749

Continue

Already a Member? Sign In now

Already a Member? Sign In now

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Rs 49 for 1st month

Then Rs. 1,749 per year

SUBSCRIBE NOW

Valid only with UPI, Credit & Debit Cards Autopay

Choose Payment Mode & Plan

–

–

–

Subscribe Now

(Credit card mandatory)

You can cancel your subscription anytime

–

–

–

Subscribe Now

(Pay Using Netbanking/UPI/Debit Card)

Netbanking, Credit & Debit Card

Subscribe with Google

₹399/month

Monthly
PLAN

Billed Amount ₹399

₹399

₹208/month

(Save 49%)

Yearly
PLAN

Billed Amount ₹2,499

15
Days Trial
+Includes DocuBay and TimesPrime Membership.

₹399

₹150/month

(Save 63%)

2-Year
PLAN

Billed Amount ₹3,599

15
Days Trial
+Includes DocuBay and TimesPrime Membership.

Subscribe NowSubscribe with

Get ET Prime for just ₹2499 ₹1749/yr

Continue

Special Offer

Get Flat 30% Off

on ET Prime Membership

Avail Offer

To Read the full Story, Subscribe to ET Prime

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Access the exclusive Economic Times stories, Editorial and Expert opinion

Why ?

• Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

• Stock analysis. Market Research. Industry Trends on 4000+ Stocks

• Clean experience with
  Minimal Ads

• Comment & Engage with ET Prime community

• Exclusive invites to Virtual Events with Industry Leaders

• A trusted team of Journalists & Analysts who can best filter signal from noise