FPIs buy Indian shares for fifth month in July, lift benchmarks to fresh highs

FPIs buy Indian shares for fifth month in July, lift benchmarks to fresh highs

Foreign portfolio investors (FPIs) bought Indian shares worth 466.18 billion rupees ($5.63 billion) on a net basis in July, data from the National Securities Depository Ltd (NSDL) showed on Friday. This is slightly less than inflows of 471.5 billion rupees in June 2023, the highest monthly FPI inflow since August 2022. Sustained FPI inflows have … Read more