
Foreign portfolio investors (FPIs) have continued to invest in India's primary markets, despite significant net sales in the secondary market this year. This trend, attributed to confidence in India's long-term growth prospects, has seen FPIs purchase ₹73,749 crore in IPOs this year, the second-highest on record. Over the past 11 years, FPIs have been net buyers of Indian shares, with primary market purchases offsetting secondary market sales, totaling ₹2.44 trillion in net buying.