FIIs Pump ₹22,693 Crore into Indian Equities in Five-Day Buying Streak as Nifty Hits 25,000
Foreign Institutional Investors (FIIs) have staged a decisive comeback in domestic markets, pumping ₹22,693 crore into Indian equities over a sustained five-day buying streak from the start of the month through Thursday, November 5, 2026, according to data from the National Securities Depository Limited (NSDL).
The sudden influx of foreign capital powered a sharp rebound across Indian benchmarks on Friday, November 6. The NSE Nifty 50 surged 2% to touch an intraday high of 25,030.35 points, compared to its previous close of 24,536.60. Simultaneously, the S&P BSE Sensex jumped 2.1% to reach an intraday high of 81,028.02 points, reclaiming the crucial 81,000 level after closing at 79,310.01 in the prior session. Over a six-session span, the Nifty 50 gained more than 9% from its recent lows.
Key Drivers Behind the Foreign Inflow
Market data indicates that overseas institutional managers are recalibrating their asset allocations away from volatile developed market assets and toward stable emerging economies with sound domestic fundamentals.
Primary Catalysts Fuelling the Inflows:
- Global AI Trade Unwind: A steep correction across artificial intelligence and semiconductor-linked equities in global markets has prompted foreign asset managers to take profits and exit crowded, high-beta technology trades in the West.
- Flight to Safety Amid Geopolitical Jitters: Heightened risk aversion stemming from escalating US-Iran geopolitical tensions and fluctuating crude oil benchmarks has led funds to search for defensive, domestic-demand-driven equity markets.
- Attractive Large-Cap Valuations: Following sustained selling over the preceding months, frontline Indian blue-chip shares offered appealing risk-reward metrics, serving as a lower-risk alternative for global capital.
Reversal from Heavy Selling
The November buying spree marks a stark turnaround from the persistent selling pressure that dominated earlier in the autumn. FIIs pulled out ₹58,443 crore from Indian equities in September 2026, followed by net outflows of ₹24,475 crore in October.
However, foreign selling began tapering significantly during the second half of October, before institutional desks flipped to net buyers on October 30. NSDL flow data reveals that the fresh liquidity has been heavily concentrated in large-cap index heavyweights rather than higher-risk mid-cap and small-cap counters, providing immediate momentum to headline indices.
