Published on 28/10/2025 09:51 PM
FPIs snap up over $1 billion in shares, mark second-biggest buy of 2025Foreign portfolio investors bought Indian equities worth over $1 billion on Tuesday, their second-largest single-day purchase of 2025 — amid optimism over a potential US-India trade deal.By Yoosef K October 28, 2025, 9:51:56 PM IST (Published)2 Min ReadOn a day when markets struggled for direction, foreign portfolio investors (FPIs) went on a shopping spree, snapping up shares worth over $1 billion — marking their second-largest single-day purchase of 2025.
According to provisional exchange data, FPIs on Tuesday bought equities worth $1.2 billion (₹10,340 crore) even as the Nifty 50 slipped into the red after a strong start.
The renewed buying comes amid optimism over a potential US–India trade deal and signs that India may be easing back on Russian oil imports. Domestic institutional investors (DIIs) also maintained a net buying position, adding another ₹1,082 crore worth of shares.
Prior to this, FPIs had last bought big on June 26, when their purchases touched $1.2 billion. Bloomberg data shows that in 2024, there were five instances when their daily buying topped between $1.2 billion and $1.8 billion.
Biggest single-day buying since 2024
DateInflows ($ mn)07-03-20241,27913-03-20241,75929-08-20241,73220-09-20241,81821-10-20241,27426-06-20251,24328-10-20251,171
Source: Bloomberg
With Tuesday’s buying, overseas investors have purchased $2.5 billion worth of Indian equities so far in October — a sharp turnaround after three straight months of heavy selling. FPIs had offloaded $2.8 billion in July, $4.3 billion in August, and $2.1 billion in September, taking total outflows for the quarter to $9.3 billion.
Their positions in NSE index futures also suggest a shift in sentiment: short positions have narrowed to 74%, down from 93% at the start of October.
“FII underweight positions have reached their limits — we could see them returning soon,” said Sandeep Tandon, Founder and CIO of Quant Mutual Fund.
The renewed buying also lifted the rupee, which gained 0.6% to close at ₹88.27 per US dollar, recovering from a record low of ₹88.80 hit on September 30.
Meanwhile, a large bulk deal in Aditya Birla Capital Ltd added to the day’s institutional activity. Investor Jomei Investments sold 53.2 million shares (about 2% of equity), raising ₹1,639 crore. Among buyers were Norges Bank and Plutus Wealth Management (₹200 crore each), Société Générale (₹150 crore), along with Morgan Stanley, HDFC Life, ITI Mutual Fund, and SBI Mutual Fund.
With the latest inflows, FPIs have trimmed their year-to-date net sales to under $15 billion — still higher than other major emerging markets. By comparison, Taiwan has seen inflows of $5.3 billion, followed by South Korea with $2.3 billion so far this year.Continue Reading(Edited by : Sheersh Kapoor)Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsFPI dataFPIsNifty50share market today