FPI inflows hit 2024 high of Rs 42,000 crore in July, reversing four-month outflow trend

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Foreign portfolio investors turned net buyers of Indian equities in July 2024, ending a four-month streak of significant outflows. Total foreign inflows reached Rs 42,000 crore, marking the highest monthly figure of the year and surpassing the previous peak recorded in February. The reversal signals renewed investor confidence in Indian markets after a period of sustained selling pressure in the equity segment. Meanwhile, Indian debt markets demonstrated consistent resilience, continuing to attract notable foreign inflows throughout the year.

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