In the equity markets last week, foreign investors infused nearly Rs 8,500 crore, data from the depositories said.
In April so far, the foreign investors have pulled out Rs 31,575 crore from equity markets in the wake of turbulence from tariffs imposed by the US.
Foreign investors withdrew ₹10,355 crore from equity markets in the last four trading sessions in April due to sweeping tariffs imposed by the US on most nations, including India.
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
India continues to attract foreign investors who bet heavily on the country’s growing population, rising consumer market, and a young and dynamic labour force.
The event held in New Delhi and graced among others by Chief Minister Mohan Charan Majhi, was attended by Ambassadors, High Commissioners, Consul-Generals, Trade Commissioners, and senior diplomats from 34 countries.
Foreign investors have injected close to Rs 33,700 crore in domestic equities so far in September, according to data available with the depositories.
Foreign investors have infused Rs 7,320 crore in the Indian equities in August owing to high valuation of stocks.
The development comes amid the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts.
In July, foreign investors infused Rs 32,365 crore into Indian equities on the back of expectation of continued policy reforms and sustained economic growth and better-than-expected earnings season.
