Domestic institutional investors’ holdings in Indian stocks reached an all-time high in the September quarter, widening the gap with overseas investors to a 25-year peak. While local funds, fueled by retail inflows, continued to invest, foreign investors sold shares amid growth and valuation concerns, preferring other markets.
RBI net forex buys hit a record $43 billion in August, balances it with swaps
The Reserve Bank of India recorded a net purchase of $43.26 billion in August’s foreign exchange market. This was done to manage significant dollar inflows