Rs 29000 crore bite! Apple pie of FPIs on D-Street gets biggest share in December

It looks like India was one of the biggest bets for foreign investors in 2023 within the emerging market segment, given the sheer amount of their dollars that chased equities.

Foreign portfolio investors (FPIs) bought Indian equities worth Rs 1.77 lakh crore in 2023, the highest-ever by them in history, in rupee terms.

And, it’s interesting to note that almost one-third of the inflows came only in December, which was also the highest inflows in a month in 2023.