Branch2 Intelligence
FPIs turn net buyers, clock ₹16,461 crore in this week
Key takeaway
FPIs turned net buyers this week, investing ₹16,461 crore, with the highest single-session net investment of ₹5,986.33 crore on June 29.
- Step 11st-order: FPIs invest ₹16,461 crore in Indian equities, the highest single-session net investment of ₹5,986.33 crore on June 29.
- Step 22nd-order: This inflow reduces the equity risk premium and lowers the cost of equity for Indian companies, improving their access to capital markets.
- Step 33rd-order: Lower cost of equity enables Indian SMEs to raise growth capital at cheaper rates, supporting expansion and working capital needs.
Source: IN:The Hindu BusinessLine
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