Indian equities have seen a massive outflow of foreign investments throughout November 2024, with these investors aligning with the growing trend of them shifting their focus towards alternative markets, particularly China. According to the data available with NSDL, These investors have pulled out a significant amount Rs 21,612 crore from Indian equities in November 2024.

They pulled out a significant amount of Rs 94,017 crore from Indian equities in October. These investors poured Rs 57,724 crore into Indian equities in September 2024. 

Foreign Investors: Trend This Year

These investors offloaded the shares worth Rs 94,017 crore from Indian equities in October. For four consecutive months, June to September, they were net purchasers. FPI inflow in Indian equity in September was Rs 57,724 crore. These investors poured in Rs 26,565 crore in June, Rs 32,365 crore in July, and Rs 7,320 crore in August in Indian stocks.

In May 2024, these investors pulled out Rs 25,586 crore from Indian stock market. These investors took out Rs 8,671 crore from the Indian market in April 2024. These investors made substantial net purchases in February and March, with investment of Rs 1,539 crore and Rs 35,098 crore, respectively. Foreign investors began 2024 with a substantial withdrawal from the Indian market, selling shares totalling Rs 25,744 crore in January.

As of now in 2024, foreign investors have pulled out Rs 15,019 crore. This is after the foreign investors recorded a net inflow of Rs 1,71,107 crore recorded in 2023.

Meanwhile, on Friday, November 29, 2024, India’s key stock market indices, Sensex and Nifty 50, ended the trading day on a positive note. The Sensex witnessed a significant surge of 759.05 points, closing at 79,802.79. Similarly, the Nifty50 index rose by 216.95 points, settling at 24,131.10.