FPIs inject Rs 7,900cr in equities in the first week of July; investment surpasses Rs 1 lakh cr in 2024

Foreign investors poured Rs 7,900 crore into Indian equities, lifting total FPI to Rs 1.16 lakh crore this year. Future flows may hinge on the Union Budget and Q1 FY25 earnings. FPIs favored telecom, financial services, but sold in metals, mining, and power sectors. JP Morgan EM Govt Bond Index inclusion boosted debt investments.