In comparison, the net buying of foreign investors was pegged at around Rs 9,200 crore in August while banks bought shares worth Rs 1,083 crore and insurance companies invested Rs 3,973 crore in Indian equities.
Analysts are of the view that retail investors continue to invest in the domestic market, adopting the buy-in-dip strategy. This approach is expected to continue till there is a disruption in the domestic economy or global trend, which continues to be steady as of now.
Despite significant volatility in August, retail investors bought shares worth Rs 10,000 crore, surpassing investments made by foreign investors, banks, and insurers. This marked a sharp increase from Rs 2,380 crore in July though the net buying of retail investors was pegged at Rs 11,855 crore in June.
In comparison, the net buying of foreign investors was pegged at around Rs 9,200 crore in August while banks bought shares worth Rs 1,083 crore, and insurance companies invested Rs 3,973 crore in Indian equities.
Analysts are of the view that retail investors continue to invest in the domestic market, adopting the buy-in-dip strategy. This approach is expected to continue till there is a disruption in the domestic economy or global trend, which continues to be steady as of now.
Indian markets saw significant volatility in August, even as the Sensex and Nifty gained 0.8 percent and 1.1 percent, respectively. Broader markets also performed well, with the BSE MidCap up 0.9 percent and the BSE SmallCap index gaining 1.23 percent.