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Going ahead, the future of FPI flows hinges on several factors, including the US Federal Reserve's November 2 meeting and global economic developments, Mayank Mehraa, smallcase manager and principal partner at Craving Alpha, said.
The FPI investment has been rising in the debt market as they invested Rs 6,080 crore during the month. It was up over five-fold month-on-month from Rs 938 crore in September.
The power sector, which had seen the highest inflows in August, saw the highest outflows in September. FPIs sold net shares worth Rs 9,731 crore last month, following a net investment of more than Rs 11,500 crore in August