FPI flows briefly turned positive on November 13 when they posted a net investment of $336.9 million after a gap of $336.9 million since October 22 when they invested $1,273.8 million in Indian equities.
Additionally, foreign investors increased net inflows to the Indian primary market to $1,177.5 million in the first two weeks of November, compared to $477.6 million inflows in the comparable period of the previous month. The primary market includes investments through initial public offerings (IPOs) and qualified institutional purchases (QIBs).

Even after excluding primary market flows, FPI sales in the secondary equity market appear modest. In the first fortnight of November, they sold $3,839.7 million worth of equity, more than half of the $8,375.9 million sold in the same period in October.
So far in 2024, FPIs have been net sellers of equity worth $1,803.4 million (Rs 15,828 crore), including inflows of $11,453 million in the primary market and outflows of $13,256.3 million in the secondary market.
Domestic funds continued to park money in the equity market amid the sell-off by FPIs. In the seven trading sessions till November 11, they invested a net Rs 10,210.5 crore compared to Rs 48,531 crore in the first seven sessions of October. For October as a whole, they posted a record net of Rs. 90,771 crore had been invested.
(You can now subscribe to our ETMarkets WhatsApp channel)