FPI inflows hit 11-month high in July, lift benchmarks to fresh highs

Foreign portfolio investors (FPIs) bought Indian shares worth Rs 46,618 crore ($5.63 billion) on a net basis in July, data from the National Securities Depository Ltd (NSDL) showed on Friday. This is the highest monthly FPI inflows since August 2022. Sustained FPI inflows have powered the uptick in the blue-chip Nifty 50 and… Continue reading FPI inflows hit 11-month high in July, lift benchmarks to fresh highs