Foreign portfolio investors (FPIs) began August on a sour note, snapping their two-month buying streak in Indian equities.
FPIs sold ₹1,027 crore worth of Indian equities, and the net investment stood at ₹2,448 crore as of August 3, taking into account debt, hybrid, debt-VRR, and equities, according to the National Securities Depository Ltd (NSDL) data. The total investment in debt markets stood at ₹3,641 crore so far in August.