The sector received ₹6,277 crore in the period between December 16 and 30, according to the data from National Securities Depository Limited (NSDL). In the December 1-15 period, these stocks attracted ₹22,891 crore.
FPIs’ contribution to the institutional flow at 73% in December increased sharply from 10% a month ago and 34% a year ago reflecting a change in stance. After selling heavily during the first half of 2023, FPIs deployed Rs 66,134 crore in December alone. It was their highest monthly inflow, surpassing the previous high of Rs 62,016 crore in December 2020. FPIs had invested Rs 9,000 crore in November 2023 in domestic equities.