&w=3840&q=100)
Influx of ₹14,590 cr by foreign investors in Jun; early Jul sees withdrawal
However, foreign portfolio investors (FPIs) turned net sellers in July and pulled out Rs 1,421 crore in the first week of the month, data with the depositories showed.
Going forward, in the near term, FPI flows are expected to remain choppy on account of tariff deadline developments and US data volatility, Vaqarjaved Khan, Senior Fundamental Analyst, Angel One, said.
In addition, FPIs buying will hinge on Q1FY26 result indications. "If the results indicate earnings recovery, that will be positive. Disappointment on these factors can impact the market and, thereby, flows," V K Vijayakumar, Chief Investment Strategist, Geojit Investments, said.
According to the data with the depositories, FPIs made a net investment of Rs 14,590 crore in equities in June.
This positive momentum follows a net investment of Rs 19,860 crore in May and Rs 4,223 crore in April. Prior to this, FPIs had pulled out Rs 3,973 crore in March, Rs 34,574 crore in February, and a substantial Rs 78,027 crore in January.
With this, FPIs' outflow stood at Rs 79,322 crore in 2025 so far.
"FPIs exhibited a cautious yet improving stance in June 2025, beginning the month with notable outflows from the equity markets driven by elevated US bond yields, trade tensions, overvalued Indian stocks and deteriorating geopolitical environment," Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment, said.
However, sentiment shifted towards the later part of the month as global liquidity conditions improved, geopolitical tensions eased, the RBI cut rates, the rupee strengthened, and oil prices stabilised, he added.
In the second half of June, FPIs were buyers in financials, autos and auto components, and oil and gas sectors, while they turned sellers in capital goods and power.
On the other hand, FPIs pulled out Rs 6,121 crore from the debt general limit and Rs 6,366 crore from the debt voluntary retention route during the period under review.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Gazette
19 minutes ago
- India Gazette
Indian residential real estate market grows 3.5 per cent in Q2 2025, continues upward trajectory
New Delhi [India], July 7 (ANI): India's residential property market continued its upward trajectory in Q2 2025, posting a 3.5 per cent quarter-on-quarter (QoQ) increase in capital values, according to the latest PropIndex report released by Magicbricks. The report signals a period of steady yet stabilising growth, backed by resilient buyer demand and strong infrastructure development. The April-June 2025 edition of the PropIndex highlights a 4.6 per cent QoQ rise in demand, indicating a robust and dynamic property landscape. However, year-on-year (YoY) demand showed minimal change, with a modest 0.3 per cent increase. However, a notable trend seen in this quarter is slowdown in new housing supplies, it hits its lowest point in five quarters. Despite this, buyer interest remained strong, particularly in the affordable housing segment. Units priced below Rs 30 lakh and 1BHK homes continued to experience demand exceeding supply, creating competitive pricing pressures. Regionally, IT hubs such as Bengaluru, Hyderabad, Gurugram, and Noida showed a clear preference for larger 2BHK and 3BHK homes, accounting for nearly 80 per cent of demand in these cities. Meanwhile, the Mumbai Metropolitan Region (MMR) maintained its focus on compact living, with 1BHK and 2BHK units leading buyer interest. Cities with ongoing infrastructure development witnessed the strongest price appreciation. Pune (39.4 per cent YoY), Greater Noida (35.3 per cent YoY), and Kolkata (33.2 per cent YoY) stood out, driven by enhanced connectivity and major projects like the Navi Mumbai International Airport and Mumbai Trans Harbour Link. Commenting on the findings, Prasun Kumar, Chief Marketing Officer at Magicbricks, noted, 'The Q2 2025 PropIndex clearly indicates a maturing Indian real estate market, driven by genuine end-user demand and the transformative impact of infrastructure.' (ANI)
India Gazette
19 minutes ago
- India Gazette
Indian markets hold steady, close flat amid US tariff uncertainty
Mumbai (Maharashtra) [India], July 7 (ANI): Indian stock benchmarks closed their first day of the week with slight gains, as investors remained cautious ahead of anticipated US tariff announcements. At the end of the trading session, Nifty ticked up by 0.0012 per cent at 25,461.30. The BSE's Sensex was up by 9.61 points, reaching 83,442.50. 'Market participants appeared reluctant to take aggressive positions, keeping the broader index range-bound. The sentiment was further dampened by global uncertainty, prompting a defensive approach across key sectors,' said Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity. US President Donald Trump issued a strong warning to countries supporting what he termed were the anti-American policies of BRICS. In a social media post, Trump stated that any country aligning itself with the 'Anti-American policies of BRICS' will face an additional 10 per cent tariff on goods. 'There will be no exceptions to this policy,' Trump wrote, adding, 'Thank you for your attention to this matter!' Additionally, India and the US have been negotiating over a Bilateral Trade Agreement (BTA) before the critical July 9 deadline of the 90-day pause on tariff escalations. Among the index constituents, Hindustan Unilever, Tata Consumer Products and Nestle India emerged as the top gainers, while BEL and Tech Mahindra were the major losers. On the sectoral front, the Nifty FMCG and Nifty Oil and Gas Index closed in the green zone, while the Nifty Media and Nifty IT indices ended the day in the negative zone. 'The momentum indicators in the smaller time frames are rising from the oversold region, indicating a potential upside from the current level,' said Praveen Dwarakanath, Vice President of 'The index can be volatile owing to the tariff-related news and the expiry of 10th July; however, a dip in the index can be used as an opportunity to go long,' he added. Experts believe markets to remain in range bound till a clear picture of the US tariff comes out. (ANI)
India Gazette
19 minutes ago
- India Gazette
Partnership with Russia 'resilient and steadfast'- Indian finance minister
Nirmala Sitharaman held talks with Russian counterpart Anton Siluanov on the sidelines of the BRICS summit in Brazil New Delhi's strategic partnership with Moscow remains "resilient and steadfast," Indian Finance Minister Nirmala Sitharaman said on Sunday. The minister's comments came after a meeting with her Russian counterpart, Anton Siluanov on the sidelines of the BRICS summit in Rio de Janeiro. "The Union Finance Minister observed that India and Russia enjoy exemplary levels of mutual trust and understanding and our Special and Privileged Strategic Partnership remains resilient and steadfast," the Indian Finance Ministry said in a post on X. During the talks with Siluanov in Rio, Sitharaman also expressed gratitude for the support extended by Russian President Vladimir Putin to India after the April terror attack in the Indian Union Territory of Jammu and Kashmir that claimed 26 lives. READ MORE: G7 still thinks it is running the world. The global majority has moved on Sitharaman also congratulated Russia for its successful chairmanship of BRICS in 2024 and said that India would continue to leverage the multilateral platform to build South-South cooperation in areas of common interest. The finance ministers discussed modalities of various initiatives recently taken up by BRICS members, Sitharaman said in her post on X. The two sides also reviewed cooperation in the financial sector, along with matters related to the New Development Bank (NDB). The NDB was founded by BRICS in 2015 to address the needs of developing countries that, according to its members, are not equally represented in the international financial architecture. The Rio BRICS summit concluded with a joint declaration that criticized unilateral tariff actions and condemned "indiscriminate" trade measures, without directly mentioning the United States.
