FPIs reverse 4-month selling trend with Rs 20,200 cr inflow in July

The inflows marked a notable reversal from the March-June period, when foreign portfolio investors (FPIs) remained persistent sellers amid concerns over elevated global interest rates, geopolitical uncertainties and rich equity valuations.

In July, foreign investors reversed their selling trend, becoming net buyers of Indian equities for the first time in four months by investing Rs 20,200 crore. This surge is attributed to appealing valuations and stronger corporate earnings. Additionally, foreign capital flowed…