Overview

• FPIs offloaded ₹17,741 crore of listed equities in July, marking their first net secondary-market selloff after three months of inflows.
• Investors continued to deploy ₹14,247 crore into IPOs, rights issues and qualified placements, driving total primary market investments this year to ₹36,235 crore.
• Information technology shares saw $2.3 billion in outflows in July, the highest withdrawal since March 2022 following weak quarterly results and softer deal wins.
• Financial services, real estate, automobiles and oil & gas sectors also recorded notable FPI outflows, with financial services drawing out $671 million.
• Domestic mutual funds remained net buyers, providing crucial liquidity even as FPIs continued to sell listed shares.