FPI Buying Continues: ₹7,212 Crore Inflow Keeps Nifty Above 25,000

Foreign portfolio investors (FPIs) bought a net ₹7,212.22 crore of Indian shares on Monday, 9 November, extending FPI buying that has lifted benchmarks for over a week, provisional exchange data showed.

The Nifty 50 ended the day at 25,044.65, up 58.25 points or 0.23%, while the BSE Sensex rose 107.25 points, or 0.13%, to 81,106.65. Domestic institutional investors (DIIs) were net sellers of ₹7,172.53 crore on the day, almost matching the foreign inflow.

Markets are shut today, Tuesday, 10 November, for Diwali-Balipratipada, so Monday’s figures remain the latest. Trading will resume on Wednesday, 11 November.

FPI buying in Indian stocks lifts the market after a Muhurat dip

Monday was the first regular session of Samvat 2083. It followed a muted special Muhurat trading hour on Sunday, 8 November, when the Sensex closed at 80,999.40, down 28.62 points, and the Nifty slipped 0.18% to 24,986.40. That session ended a seven-session winning streak for the benchmarks.

Foreign funds were broadly flat during the Muhurat hour, provisional data showed, before returning as strong buyers on Monday and helping the Nifty close back above 25,000.

Biggest week of foreign buying in years

Monday’s FPI buying came on top of an unusually strong week. In the five sessions from 2 to 6 November, FPIs were net buyers of about ₹38,971 crore on a settled basis, according to depository data cited by Dheeraj Gaur, Chief Investment Strategy Officer at Choice Wealth. Only about ₹452 crore of that went into the primary market, with the rest bought through the exchanges.

Provisional exchange data for the same week showed net buying of about ₹45,960 crore, Gaur said. That was more than the roughly ₹45,160 crore FPIs had sold on a provisional basis through all of October.

The swing is sharp. FPIs ended October with net outflows of about ₹34,843 crore on a settled basis, and calendar-2026 outflows have now narrowed to roughly ₹2.56 lakh crore, Gaur said. DIIs, who had been net buyers for 11 straight weeks, turned net sellers of about ₹24,200 crore during that week.

Gaur linked the turn to three factors. Brent crude fell about 13% in the week to roughly $98 a barrel on hopes of de-escalation in the US–Iran conflict, and the rupee strengthened to about ₹93.90 per dollar from around ₹95.4. A sell-off in AI-linked technology stocks overseas also pushed global funds towards markets such as India, which has limited AI exposure.

The Nifty rose 8.6% to 25,030 that week and the Sensex gained 8.8% to 81,028, their best week since February 2021, according to Choice Wealth. Even so, the Nifty remained about 4.2% lower for the year, compared with a 7% gain for the MSCI Emerging Markets index.

Why it matters for Indian businesses and investors

Sustained FPI buying tends to support the rupee and ease funding conditions for listed companies. For promoters weighing stake sales, qualified institutional placements or IPOs, a steadier market lowers execution risk.

Cheaper crude oil also matters for India, which imports most of its oil, because it eases pressure on inflation, the current account and the rupee. The Reserve Bank of India raised the repo rate by 25 basis points to 5.5% in October, its first increase since 2023, which has kept borrowing costs high.

The rally has, however, been narrow. Gaur noted that small caps slipped 0.8% on Friday, 6 November, even as the benchmarks rose, and warned that seven straight up-sessions could invite profit-booking. Oil, he added, is still close to $100 a barrel.

What happens next

Global cues have turned less friendly since Monday’s close. US consumer prices rose 0.4% in October from September, above the 0.3% economists had expected, and core prices rose 0.3% against a forecast of 0.2%, according to data released on Tuesday, Reuters reported. Futures markets now price in roughly an 85% chance of a 25-basis-point US Federal Reserve rate hike in December, and US stock futures fell after the release.

That leaves Wednesday’s session open to pressure from global risk sentiment. At home, investors will watch India’s October CPI inflation data, due on Thursday, after retail inflation rose to 5.54% in September.

Readers can follow more market and company updates in our business news section, and daily institutional flow data is published on the NSE FII/FPI and DII trading activity page.