FPI flows are expected to remain volatile; FIIs continued to be net cash sellers to the tune of Rs. 5,012.95 crores, to date in July’25.
Shrikant Chouhan,
Head Equity Research,
Kotak Securities
Mumbai, July 4, 2025: FIIs continued to be net cash sellers to the tune of Rs. 5,012.95 crores, to date in July’25.
Global equity markets were broadly strong, led by strong performance of the US market over the past week. The US markets were buoyed by stronger-than-expected NFP reports, passing of the GOP’s “One Big Beautiful Bill” and a trade deal with Vietnam, while trade negotiations with other major economies remained in limbo. On the macro front, GST collections for May 2025 moderated to +6.2% yoy after reporting strong prints over March-April 2025. FPI flows are expected to remain volatile.
FPI flows in July’25 till date were mixed for all key emerging markets. India, Malaysia, Philippines, S.Korea, Taiwan and Vietnam witnessed inflows of US$42 mn, US$58 mn, US$41 mn, US$63 mn, US$2965 mn, and US$107 mn, respectively. Brazil, Indonesia, and Thailand witnessed outflows of US$17 mn, US$121 mn, and US$47 mn, respectively.
