Foreign portfolio investors (FPIs) turned net buyers in Indian equities in 2024, investing $982.6 million as of December 13. Strong primary market investments offset substantial secondary market selling. FPIs poured $1,703.4 million into the secondary market in early December, reversing the November trend. Meanwhile, domestic mutual funds slowed their investment pace. Foreign portfolio investors (FPIs) turned net buyers in Indian equities in 2024, investing $982.6 million as of December 13. Strong primary market investments offset substantial secondary market selling. FPIs poured $1,703.4 million into the secondary market in early December, reversing the November trend. Meanwhile, domestic mutual funds slowed their investment pace. Economic Times
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