• According to NSDL data, FPIs invested around ₹6,055 crore in the week between December 12-19 as compared to the previous week, on the other hand, foreign institutional investors (FIIs) were net sellers in Indian stocks during the week. extreme volatility.
Foreign portfolio investors (FPIs) remained net buyers in the month of December so far. According to NSDL data, FPIs invested around ₹6,055 crore in the week between December 12-19 as compared to the previous week, on the other hand, foreign institutional investors (FIIs) were net sellers in Indian stocks during the week. instability. Meanwhile, domestic investors also turned net buyers during the week as Sensex and Nifty 50 declined heavily on weak global cues. In the current month, at the end of December 16, FPI investment in Indian equities stood at ₹10,555 crore.
According to NSDL data, FPIs are overall net buyers with inflows of Rs 10,555 crore between December 1 and December 16. Last week, data showed their inflows into Indian stocks were nearly ₹4,500 crore --- which means investments rose by ₹6,055 crore from the December 12-16 trading sessions.
On the other hand, while the week of December 12-16 saw buying in equities, there were sharp outflows in the debt market. So far in the current month, there has been an outflow of about ₹2,180 crore from FPIs in debt instruments. This was not the case in the week ended December 9, as FPIs pumped in ₹2,467 crore, according to NSDL data.
Among other instruments, FPI inflows into debt-VRR were around ₹196 crore and into the hybrid market by ₹65 crore at the end of December 16.
Overall, the total investment by FPIs in Indian markets stood at ₹8,635 crore (including equity, debt, debt-VRR and hybrid).
In the month of November, overall FPI inflows into the equity market stood at ₹36,239 crore - becoming the second highest monthly buying in 2022 so far. The highest ever FPI buying was witnessed in August with inflows of ₹51,204 crore.
Year-to-date, FPIs are net sellers in equities with outflows of ₹1,22,003 crore.
Meanwhile, in the week of December 12-16, FIIs were net sellers with an outflow of ₹1,832.61 crore from equities on both BSE and NSE. While domestic investors pumped in ₹3,462.22 crore as they were net buyers throughout the week.
Overall, in December so far, FIIs are net sellers in equities with outflows of ₹7,490.05 crore, while DIIs infused ₹10,551.62 crore.
Highlighting the performance of FIIs, ICICI Direct in its weekly outlook report said, global markets came under pressure as the Fed stepped up the pace of interest rate hike despite easing inflation. This rekindled recession concerns with weakness seen across all asset classes. However, the dollar index and US bond yields remained largely range-bound, suggesting no major change in risk sentiment.
It added, "We believe the recent weakness is short-term in nature. Furthermore, despite US equity markets nearing their month's lows, the VIX index remained lower, suggesting the same."
Besides, the stock brokerage said FIIs remained largely on the sidelines in the last week as well and did not see any major inflows after MSCI saw relative inflows in the last week of November.
In the week ended December 16, the Sensex fell at least 1.4%, while the Nifty 50 declined over 1.2%.
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