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October Fortnight Review: DIIs & MFs Stay Resilient as FPIs Return to Buying

FPIs Turn Selective Buyers in OctoberFPIs turned active in cyclical and financial sectors during the first half of October 2025, led by strong inflows into Financial Services (₹8,276 Cr), Automobile & Auto Components (₹1,560 Cr) and Metals & Mining (₹1,395 Cr). Buying interest also extended to Power (₹1,103 Cr) and Oil & Gas (₹1,086 Cr), reflecting confidence in core and growth-linked segments, while Construction (₹641 Cr), Services (₹234 Cr), and Media & Entertainment (₹87 Cr) saw modest participation.

FPI Selling Focused on FMCG and ITOn the flip side, FPIs trimmed holdings in FMCG (₹2,992 Cr) and Healthcare (₹2,739 Cr), extending pressure on defensive and consumption-driven sectors. Selling was also evident in Information Technology (₹1,927 Cr) and Consumer Services (₹1,785 Cr), while Capital Goods (₹851 Cr), Realty (₹807 Cr) and Chemicals (₹316 Cr) saw moderate outflows.

FPIs Turn Buyers in OctoberForeign Portfolio Investors (FPIs) turned net buyers in Indian equities during the first half of October 2025, reversing three straight months of selloff. They invested ₹3,631 Cr into equities, supported by easing global risk sentiment, softening U.S. yields and rate cut expectations by major central banks — signaling renewed optimism toward India’s growth outlook. FPIs also infused ₹6,657 Cr into debt, extending their preference for fixed income assets amid attractive real yields and bond index inclusion prospects. The steady debt inflows highlight a tactical shift toward stability and yield-driven opportunities.

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