International portfolio managers channeled more than Rs 73,200 crore into Indian equities within the first eight trading sessions of November, breaking the previous record established in December 2023. Strong Q2FY27 corporate earnings and lower oil prices bolstered domestic trading sentiment alongside a 1.3% strengthening of the rupee against the US dollar. Wednesday's trading session alone contributed roughly Rs 4.3 lakh crore to overall investor wealth as the Sensex climbed 773 points.
Key points
A roughly 21% monthly decline in crude oil prices and cooling inflation expectations have…: A roughly 21% monthly decline in crude oil prices and cooling inflation expectations have significantly bolstered foreign investor confidence in India.
Foreign investors are rotating capital back into Indian equities after previously moving…: Foreign investors are rotating capital back into Indian equities after previously moving funds toward artificial intelligence assets in developed markets.
Over the first eight sessions of November, the Sensex and Nifty have posted robust gains…: Over the first eight sessions of November, the Sensex and Nifty have posted robust gains of 10% and 9.7% respectively.
Sources checked by our analysis pipeline: 1
MUMBAI: After more than two years, foreign funds are back buying Indian stocks. In just eight trading sessions in Nov, on a net basis, foreign portfolio investors (FPIs) have pumped in a little over Rs 73,200 crore into Indian equities, an all-time monthly high figure that surpassed the previous record of Rs 66,135 crore in Dec 2023, data from NSDL and BSE showed.
On Wednesday, FPIs net bought stocks worth Rs 12,563 crore. This, combined with the recent crash in crude prices, down about 21% this month, helped
Sensex gain another 1% (773 points) to close at 81,879, nearly a nine-month high level.
So far in Nov, in eight trading sessions, the bellwether index has gained 10%, about 7,400 points, and investors' wealth has jumped Rs 36 lakh crore to its highest level of Rs 510.7 lakh crore, BSE data showed. During the same period, Nifty has gained 9.7% to its Wednesday close at 25,255 points. Over the last two weeks, several factors have combined to work as tailwinds for indices, market players said.
Investors observed downward pressure on the equity during late trading following the regular market close today. Precise drivers and potential catalysts behind the negative performance remain entirely undisclosed at this stage. Market participants are left awaiting further clarity as official explanations have not yet emerged.
Stronger-than-expected October inflation data and hawkish signals from Federal Reserve officials have reinforced expectations for monetary tightening in December and early next year. This policy outlook continues to widen interest-rate differentials, keeping the Japanese currency under sustained pressure near a critical psychological barrier. Meanwhile, market participants are closely monitoring central bank communications and elevated domestic producer prices for signs of potential policy normalization in Tokyo.
The cloud infrastructure provider is targeting a substantial capital raise to secure more favorable financing terms in the credit markets. By tapping into high-quality corporate debt, the company aims to dramatically lower its ongoing interest expenses compared to its previous high-yield obligations. This strategic move could finalize in the coming days depending on institutional market appetite.