CosmicTaco
CosmicTaco

DIIs' Net Investments Cross Rs 4 Lakh Crore in 2024

  • Domestic institutional investors (DIIs) have invested over Rs 4 lakh crore in 2024, a first-time milestone.
  • This surge coincides with a sell-off by foreign investors, primarily due to geopolitical tensions.
  • Divam Sharma, founder of Green Portfolio PMS, sees this as a structural shift towards equities, driven by retail investor participation.
  • The first four trillions of DII investments were reached in record time, with the fourth trillion achieved in 31 sessions.
  • Despite this, Sensex and Nifty have declined by 3.3% each in October, marking their first drop since May 2024.

Source: Moneycontrol

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2mo ago
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