Mumbai, November 10 (IANS). Foreign portfolio investors (FPIs) returned as net buyers to the Indian stock market in November. They have invested Rs 53,739 crore in the first nine days of the month. Before this, he had remained a net seller for two consecutive months. The reason for this purchase by FPI is the improvement in investor sentiment towards Indian markets and investors moving away from AI trade.
This investment comes after FPIs withdrew Rs 34,843 crore from the Indian stock market in October and Rs 35,861 crore in September.
Analysts have attributed this major change to AI-induced selling in major global markets including the US, South Korea, Taiwan and Japan. The selloff prompted investors to rethink their investment allocation.
According to analysts, concerns over data center spending related to artificial intelligence (AI) fueled the decline in AI-focused markets. Due to this, global investors started looking for opportunities in sectors and markets that have less direct relation to the AI theme.
India is widely seen as a non-AI investment market. In such a situation, during this period it emerged as one of the favorite investment destinations of foreign investors.
Apart from the change in global investment trends, strong earnings growth of companies in India and attractive valuations of large-cap stocks also helped in increasing investor attraction towards the market.
Analysts said foreign investors were particularly active in major index stocks. During this period, shares of financial services, information technology, automobile and telecommunication sectors rose.
According to depository data, this investment of Rs 53,739 crore was recorded in six trading sessions between November 2 and November 9.
Despite strong buying in November, total FPI outflows from the Indian stock market so far in 2026 remain at a massive Rs 2.41 lakh crore.
Foreign investors invested Rs 7,759 crore in the debt market through the Fully Accessible Route (FAR).
However, they withdrew Rs 591 crore through the Voluntary Retention Route (VRR) and Rs 270 crore through the normal route.
Market participants believe that steady growth in corporate earnings and reasonable valuations of large-cap stocks may continue to support foreign investment in the Indian stock market in the near future. However, global macroeconomic developments and investor sentiment towards risk assets will be key factors to keep an eye on.
–IANS
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