Retail investors in India are remaining resilient in the face of market volatility, continuing to make aggressive purchases despite the withdrawal of over $13.5 billion by foreign institutional investors (FIIs) in the past two months.
Despite significant selling pressure from foreign investors, retail purchases in India have remained strong. In October, retail purchases exceeded Rs 29,000 crore, followed by an additional Rs 9,100 crore in November. This shows that retail investors are taking advantage of lower valuations in large-cap stocks while mid- and small-cap segments remain at higher levels.
Domestic institutional investors have also stepped in to support the market, with net purchases of over Rs 1.07 lakh crore in October and Rs 44,483 crore in November. This market correction is seen as an opportunity for selective, bottom-up investment ideas, as many companies continue to perform well and boost investor confidence.