Jim Rogers Bullish On Indian Market, Wants To Invest More Permanently; FIIs Biggest 2025 Buying In May

Jim Rogers, an ace investor in the global market, is impressed by Delhi's decision-making for its economy during geopolitical uncertainties. Accordingly, he is optimistic and bullish for the Indian stock market, which makes him want to invest more permanently in domestic equities.

His statement comes at a time when FIIs defied the cross-border tensions in India and made their biggest buying of 2025 in May to date.

Talking to NDTV Profit, Jim Rogers said, "In the last few weeks for me, India has become more reliable. Delhi, for the first time in my investing life, understands economics. I understand that prosperity is good and I want to invest in India now in a more permanent way."

The 82-year-old veteran investor has maintained his positive outlook for Indian stock market. Where Indian equities looked alluring, for US stocks, Jim Rogers held a cautious tone amidst 47th President Donald Trump's relentless tariffs and its shocks on the largest economy.

For the US market, maintaining a cautious tone, he told the news channel, "I know that Washington does not know what it wants. They want to get rich but everybody wants to get rich. So I don't see any consistency for me as an investor yet."

Despite Wall Street doing well, Rogers revealed that he holds a lot of US dollar cash.

Amidst geopolitical tensions, Sensex and Nifty have performed resiliently. In a month's span, Sensex is up by 4,434.97 points or 5.8%, while Nifty climbed by 1,299.90 points or 5.6%. Indian benchmarks outperformed Wall Street's Dow Jones which only surged by 4.2% so far.

Foreign institutional investors (FIIs) have also turned optimistic for the Indian market, even when India's cross-border tensions with Pakistan escalated in late April.

So far, in May 2025, FIIs have pumped in Rs 9,558.65 crore in Indian equities, which is the highest buying of 2025. FIIs are now net buyers of Indian stocks for the third consecutive month. They bought Rs 2,735.02 crore in April 2025 and Rs 2,014.18 crore worth of equities in March 2025.

They sold sharply in February and January 2025 with outflow of Rs 58,988.08 crore and Rs 87,374.66 crore respectively.