Foreign Investors: Indian equities have seen a steady outflow of foreign investments throughout October 2024. This aligns with the growing trend of them shifting their focus towards alternative markets, particularly China. According to the data available with NSDL, as of October 25, These investors have pulled out a significant Rs 85,790 crore from Indian equities this month.

These investors poured Rs 57,724 crore into Indian equities in September 2024. On Friday, October 25, 2024, India’s key stock market indices, Sensex and Nifty, ended the trading day on a negative note. The 30 Sensex firms tumbled 662.87 points to settle at 79,402.29 points. The NSE’s Nifty50 index posted a significant loss on Friday, tanking 218.60 points to close at 24,180.80.

Foreign Investors: FPI Trend This Year

As of October 25, the foreign investors offloaded the shares worth Rs 85,790 crore from Indian equities this month. For four consecutive months, June to September, they were net purchasers. FPI inflow in Indian equity in September was Rs 57,724 crore. These investors pumped in Rs 26,565 crore in June, Rs 32,365 crore in July, and Rs 7,320 crore in August in Indian equities.

In May 2024, foreign investors were net sellers, pulling out Rs 25,586 crore from Indian equities. Foreign investors pulled out Rs 8,671 crore from the Indian market in April 2024, as reflected in the Foreign Portfolio Investment (FPI) outflow. Foreign portfolio investors made substantial net purchases in February and March, with inflows of Rs 1,539 crore and Rs 35,098 crore, respectively. These investors began 2024 with a substantial withdrawal from the Indian market, selling shares totalling Rs 25,744 crore in January.

So far in 2024, foreign investors have poured in a net investment of Rs 14,820 crore. This is significantly lower than the net inflow of Rs 1,71,107 crore recorded in 2023.

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