Foreign portfolio investors (FPIs) have shifted to being net buyers of Indian equities this month, a reversal from four months of heavy selling. Data from the Central Depository Services (India) Limited (CDSL) reveals that foreign investors have injected over Rs 15,157 crore into Indian equities in July. This renewed buying trend follows significant outflows in the past four months, with FPIs withdrawing substantial amounts from the market.
Despite the recent inflows, foreign investors are still net sellers for the year. FPIs have withdrawn a net Rs 2.6 trillion from Indian equities in 2026, surpassing the net outflow of Rs 1.66 trillion in the same period last year. In addition to equities, foreign investors have been increasing their exposure to the debt market. In July, FPIs invested Rs 6,625 crore in debt securities through the Fully Accessible Route (FAR) and an additional Rs 3,228 crore through the general route.
Experts analyzing the Nifty technical outlook have identified key resistance and support levels. They suggest that a sustained move above the resistance levels at 24,500 and 24,600 could lead to fresh buying momentum. Conversely, a breakdown below the support levels at 23,800 and 23,700 may weaken the near-term market structure and invite selling pressure. Traders are advised to adopt a stock-specific approach and maintain strict risk management strategies until a clear breakout from the current consolidation range occurs.
