Foreign investors continue to remain net buyers in Indian stock market

New Delhi, Aug 04: The buying spree in Indian stock markets by foreign portfolio investors (FPIs) continued into the second month. The net foreign investments into the Indian stock market stood at Rs 32,365 crore, data made available by National Securities Depository Limited showed.

In June, they bought stocks in India worth Rs 26,565 crore on a cumulative.

Foreign buyers investing in Indian stocks, at a time when both domestic institutional and retail investors, led indices Sensex and Nifty to touch fresh record highs now and then. This week, Nifty for the first time touched the milestone of 25,000 mark. The index has gained approximately 11 per cent over the past three months, driven by robust GDP growth, controlled inflation, strong domestic liquidity, and favorable monsoon conditions.

FPI activity in June and July was influenced by the election results, as the formation of the new government happened smoothly.

As per definition, Foreign Portfolio Investment (FPI) involves an investor buying foreign financial assets.