FPI

In the past two days, FIIs have significantly offloaded equity, amounting to Rs 20,480 crores. This sell-off is attributed partly to the surge in US bond yields, reaching 4.16%, and partly to the high valuations in the Indian stock market.

Based on data from the National Securities Depository Limited (NSDL), the total FPI investment through stock exchanges as of January 13 stands at Rs 2,743 crores, as conveyed by Vijayakumar.

The report highlighted that FPI into India concluded at $28.7 billion in the previous calendar year. It noted the outperformance of the equity segment and observed an encouraging trend in the debt segment, especially in the latter part of the year.

December's market boom coincided with robust FPI liquidity, amounting to Rs 58,372 crore.

Simultaneously, they channeled around Rs 4,000 crore into the debt market within the same timeframe, as reported by depositories.

The substantial surge in the market during December coincided with a noteworthy increase in FPI inflows, reaching Rs 58,372 crore for the month. When factoring in investments through the primary market and other channels, the total FPI inflows for December amounted to Rs 66,134 crores.

After experiencing negative trends in FPI inflows over the preceding three months, December saw a substantial turnaround with FPIs displaying a positive stance, recording total buying of Rs 66,134 crores.