Foreign Investors Pour ₹20,200 Crore into Indian Equities in July

Foreign Portfolio Investors (FPIs) injected ₹20,200 crore into Indian equities in July 2026, reversing a trend of selling that saw $29 billion exit in the first half of the year.

The Nifty IT index rallied 17% in July, while MSCI India members are currently trading 4% below their five-year average price-to-earnings ratio, signaling improved valuation attractiveness.

The RBI reports that the dollar swap facility has reached $40.8 billion, with total foreign exchange inflows projected to hit $80-85 billion, strengthening the rupee's outlook.