The dynamic between foreign outflows and strong domestic participation underscores the growing importance of local investors in stabilising the Indian stock market, even during periods of heavy global investor selling
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The most significant sell-off occurred on 4 October, when FPIs offloaded equities worth Rs 15,506 crore, marking a sharp decline in investor confidence
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According to NSE data, the net gross purchase by domestic investors (DIIs) in August stands at Rs 34,060.09 crore
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But so far in August, FPIs have sold Rs 17,404 crore worth of Indian stocks, National Securities Depository data shows
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It is interesting to note that the biggest proportion of sportspersons in the Indian contingent is from Haryana. With an estimated population of 30 million, 21 per cent were from Haryana, writes Kiran Karnik
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The first week of June was marked by extreme volatility in FPI flows, largely influenced by the exit polls and the actual election results and on 3 June, buoyed by the optimistic exit poll results, FPIs made substantial equity purchases of Rs 6,521 crore
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