FPIs turn buyers again: Foreign investors pour Rs 23,544 crore into Indian equities in August

In August, foreign portfolio investors made a notable comeback to Indian equities, infusing a substantial Rs 23,544 crore. This resurgence follows earlier trends where significant amounts were pulled out. Positive quarterly earnings and a stable rupee have rekindled enthusiasm for Indian stocks. Nonetheless, yearly outflows remain high, and crude oil prices along with geopolitical tensions could sway market movements.