Domestic institutional investors (DIIs) were bigger buyers in the Indian stock markets over the last six months or so having invested close to Rs 22,000 crore.
Foreign portfolio investors (FPIs), on the other hand, bought Indian equities worth around $660 million (approximately Rs 4,400 crore). Much of the buying was done by mutual funds as they picked up stocks worth Rs 19,000 crore.
Market watchers believe that flows from DIIs will continue to remain positive for some time with the increasing popularity and convenient nature of systematic investment plans (SIPs) which have helped investors yield better than benchmark returns even in times of turbulent market conditions.
