New Delhi. Foreign portfolio investors (FPIs) have invested Rs 57,359 crore in the Indian stock markets so far in September, which is a nine-month high for their investment. FPI investment in the Indian market has been increasing continuously after the US Central Bank Federal Reserve cut the key interest rates by 0.50 percent. According to the data, FPIs have made a net investment of Rs 57,359 crore in shares till September 27. There is still one trading session left in this month. This is the highest net inflow since December 2023. At that time FPIs had invested Rs 66,135 crore in shares.

According to the data of the depository, this year i.e. in 2024, FPI investment in Indian stocks has crossed the figure of Rs 1 lakh crore. Robin Arya, Smallcase Manager and Founder and Chief Executive Officer (CEO) of research analyst company Golfy, said, "FPI flow will remain strong going forward. Due to the reduction in interest rates globally and India's strong fundamentals, FPIs are betting on the Indian market.

FPIs have been net buyers since June.
Robin Arya said that decisions related to inflation management and liquidity by the Reserve Bank of India will be important to maintain this momentum. FPIs have been net buyers since June. In April-May, they withdrew Rs 34,252 crore from shares. Overall, except for January, April, and May this year, FPIs have been net buyers in other months.

Why did FPI inflows increase?
Himanshu Srivastava, Associate Director-Manager Research, Morningstar Investment Research India, said that many reasons have led to a surge in FPI inflows in the Indian stock markets. One of the main reasons is the US central bank starting the cycle of interest rate cuts. According to the data, so far in September, FPIs have invested Rs 8,543 crore in the debt or bond market through the Voluntary Retention Route (VRR) and Rs 22,023 crore through the Fully Accessible Route (