Foreign investors had been continuously withdrawing investments from India's markets for the past few weeks. Finally, that trend has come to an end. This week, during trading sessions, foreign investors have once again made substantial investments in India's markets. Between October 6 and 10, they invested ₹1,751 crores. This information has been provided by the National Securities Depository Limited (NSDL).
When foreign investors were continuously withdrawing investments from India's markets, domestic institutional investors played a crucial role in compensating for that loss. As a result, it was possible to manage the market situation to a large extent, NSDL has reported. This step by domestic investors played an important role in maintaining market stability. Experts say that this week's move by foreign investors has been a major help in maintaining the market's upward trend. Therefore, despite the atmosphere of instability in global markets, the Sensex and Nifty50 have risen in four out of five trading sessions this week. The Sensex and Nifty50 have recorded their highest weekly growth since May.
Regarding foreign investors' investment, Ajit Mishra, Senior Vice President of Religare Broking, said, "Foreign institutional investors have made excellent investments between October 6 and 10. If this trend continues next week as well, it will help maintain the uptrend in India's markets despite the atmosphere of instability in global trade."
In September, foreign investors withdrew investments worth ₹23,885 crores from the country's markets. This year, foreign investors have withdrawn a total investment of ₹1,56,611 crores.