Rs 1.76 lakh crore bet! India sees highest-ever FPI inflows in rupee terms in 2023

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Key Points

Even though domestic institutional and retail investors pumped heavy money into equities in 2023, foreign investors the big bulls of Dalal Street stole the show with their biggest-ever bet on the emerging market...

Foreign portfolio investors net bought Indian equities, which includes both primary and secondary markets, worth Rs 1.77 lakh crore in 2023, according to StockEdge..

This was the highest-ever inflow from FPIs in history, in rupee terms...

The robust inflows from FPIs as well as domestic investors helped benchmarks Nifty 50 and Sensex register 20% gains in 2023 and also be among the top 10 best performing markets in the world...

Strong corporate earnings, robust domestic macroeconomic tailwinds, supportive monetary policy, and increased government investment were the factors that made India one of the most sought-after emerging markets in the world for foreign investors...

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