Economic dataBusiness Standard
FPIs pump 56,771 cr into equities in 8 days
Positive+28
GreyOak summary
Foreign portfolio investors injected 56,771 crore into Indian equities over eight days, the highest inflow in six years. This surge, driven by a US AI sell-off and cheaper crude oil, pushed the Sensex up 9.4%. Analysts note that while the buying is strong, it faces tests from potential Fed rate hikes and a robust US labor market.
What it affects
- FII flowsPositive +28
FPIs bought 56,771 crore in 8 days.Rolling sentiment Neutral +12
