FIIs to Remain Bullish on India

Predicting FIIs Flows in 2023

We keep saying that the importance of FIIs reduces as domestic participation in Indian equity market increases. However, we don’t stop tracking FIIs activity, do we? There is a reason why we do so. Yogesh Supekar highlights FIIs’ participation and explains why FIIs cannot ignore a growth market like India

This November was one of the sweetest for equity investors as the BSE Sensex climbed by an impressive 3.24 per cent. Interestingly, these gains of little over 3 per cent pushed the BSE Sensex to all-time highs and made it a memorable month for investors. What is notable in the recent market moves is the huge inflow from FIIs. FIIs pumped in almost USD 3 billion in just 10 trading sessions by November 9, thus indicating huge interest in the Indian markets. While the FIIs have been net buyers in 2022, the question is whether they will remain net buyers in 2023 as well.