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
2mo ago
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