business π FPIs are buying Indian stocks again this month π
Foreign Portfolio Investors (FPIs) injected βΉ30,919 crore into Indian equities in August, marking their second consecutive month of buying. This inflow happened in India, following a sharp reversal from heavy selling in previous months. The investment rate was βΉ30,919 crore in August, compared to βΉ20,200 crore in July. This buying trend is supported by improving corporate earnings and a stable rupee. Investors will now watch Brent crude prices and U.S.-Iran tensions closely.