Foreign investors pour over Rs 15,000 cr into Indian equities in July

Foreign portfolio investors (FPIs) and foreign institutional investors (FIIs) reversed a four‑month selling streak and became net buyers of Indian equities in July. Data from the Central Depository Services (India) shows a cumulative inflow of more than Rs 15,157 crore this month, including a weekly purchase of Rs 4,670 crore. Domestic institutional investors also bought Rs 8,280 crore in the same week.

The turnaround follows net outflows of Rs 49,340 crore in June, Rs 32,963 crore in May, Rs 60,847 crore in April and a massive Rs 1.17 lakh crore in March. Year‑to‑date, foreign investors remain net sellers, having withdrawn a net Rs 2.6 lakh crore from Indian equities in 2026.

Analysts attribute the July inflow to improving domestic macro‑economic indicators, a stable rupee and recent tax reforms that made Indian debt more attractive. FPIs invested Rs 6,625 crore through the Fully Accessible Route and Rs 3,228 crore via the general route in debt securities. Market reaction was mixed: the Nifty index slipped about 0.26 % for the week, with volatility driven by renewed US‑Iran tensions.

Overall, the surge in foreign capital reflects renewed confidence in India’s growth story and could support equity market liquidity, though its durability will depend on global risk sentiment and domestic policy continuity.