Foreign institutional investors (FIIs/FPIs) turn net buyers of Indian equities in the second half of June after selling earlier in the month, with buying concentrated in financial stocks. Business Standard reports that FIIs invest about ₹14,109 crore in the second half of June, as selling pressure eases in sectors such as FMCG and IT and inflows favor financials and construction. The Economic Times adds that overseas investors buy about ₹14,634 crore in the June 16–30 period, following outflows of about ₹11,263 crore in the first half of June. It says this reverses the earlier net sales position for June, citing NSDL data that show net buyers of more than ₹14,000 crore during June 16–30 compared with net sales of about ₹63,450 crore in June 1–15. The Economic Times attributes the rebound to factors including global equity index rebalancing (FTSE June ’26 review) and value-oriented purchases, alongside a gradual reduction in selling risk as West Asia tensions ease. It also notes that financial services receive the strongest support, and construction and several other sectors see net buying, while sales persist in areas including automobiles, capital goods, oil and gas, power and metals, and IT selling continues but slows.
FPIs return to net buying in India’s markets in second half of June, led by financials
Foreign institutional investors (FIIs/FPIs) turn net buyers of Indian equities in the second half of June after selling earlier in the month, with buying concentrated in financial stocks. Business Sta...
- FIIs/FPIs are net buyers of Indian equities in the second half of June (June 16–30).
- Net buying is led by financial services/financials, following heavy selling earlier in the month.
- Foreign investors’ purchases in financials reach roughly ₹14,600 crore in June 16–30, reversing net sales from June 1–15.
- Construction and several other sectors record net inflows, while autos/capital goods/oil & gas and metals see net selling.
- Selling in IT continues in the second half of June but at a slower pace than earlier in the month.
Mumbai: Foreign investors returned to financials in the second half of June, buying shares worth ₹14,634 crore after pulling out ₹11,263 crore in the first part of the month, boosted by inflows linked to global equity index rebalancing and value purchases. This is their highest fortnightly purchase in financials in 2026 and the first since the second half of February.The renewed appetite for financials helped overseas investors turn net buyers of Indian equities worth more than ₹14,000 crore during June 16-30, reversing net sales of ₹63,450 crore in the first half of the month, according to NSDL data."FIIs turned net buyers in banks and financials after three consecutive months of record outflows. Part of these inflows can be attributed to FTSE June '26 review and the rest to some active buying," said Sriram Velayudhan, senior vice-president at IIFL Capital Services, in a note.Financial stocks have seen the highest outflows in the past year as their dominant presence in India's stock market made them most vulnerable to foreign institutions' risk-off sentiment towards India. With the West Asia conflict showing signs of ending in mid-June, overseas investors' selling in Indian equities has eased, with flows trickling into select pockets like banks and financials.132227992"The financial services sector makes up nearly 40% of the index, and, naturally, that would get large flows since it is a large and liquid sector with growth potential while being mispriced," said Vikas Gupta, CEO at OmniScience Capital. "The financial services sector is likely to remain the favourite of long-term investors, including FPIs."Gupta said the focus is on financial services and infrastructure, which have clear growth visibility in the near to medium term and are significantly undervalued.Apart from financials, FPIs remained net buyers in construction, consumer services, services, consumer durables, realty and healthcare, among others, with purchases ranging between ₹1,400 crore and ₹3,400 crore.On the other hand, they sold shares worth between ₹1,300 crore and ₹4,300 crore in the automobile and auto components, capital goods, oil, gas & consumable fuels, power, and metals & mining sectors. They continued to pull out of IT stocks, too, but the pace of the selling subsided in the second half of June.
3 hours agoForeign institutional investors invested Rs 14,109 crore in Indian equities in the second half of June, with financial services leading inflows as selling pressure moderated in FMCG and IT
14 hours ago
Belgium defeats USA 4-1 in World Cup round of 16, ending U.S. run in Seattle
Belgium eliminates the United States from the World Cup with a 4-1 victory in a round-of-16 match in Seattle on Monday n...
Zendaya attends The Odyssey world premiere as Athena, with Tom Holland by her side
Zendaya appears at the world premiere of “The Odyssey” in London, presenting two looks inspired by Athena, the Greek god...
Laurie Daley asked where an Origin decider win ranks in his career
Laurie Daley is asked to place an Origin decider win in the context of his career during an interview. The question come...