Foreign portfolio investors return as buyers in Indian stock market

Foreign portfolio investors return as buyers in Indian stock market Foreign portfolio investors (FPIs) have again returned as net buyers in the Indian stock market in the month of May. Till May 3 (Friday), they bought equities worth Rs 1,156 crore in India, data from National Securities Depository Limited (NSDL) showed. In April, FPIs turned net sellers in Indian stocks, as the ongoing geopolitical crisis in the Middle East then likely pushed investors to take money off their portfolios. FPIs, who continued to remain net buyers for the third month until till mid-April, have cumulatively sold stocks worth Rs 8,671 crore by the end of the month, data showed."The market is at record highs. There has been a pre-election rally. [Read more]( If you would prefer not receiving our emails, please [Click Here](