Rs 11,012 Crore of FPIs Came in April

Sharing is caring!

Overseas investors have pumped in a net sum of Rs 11,012 crore into the Indian capital markets in April so far amid easing liquidity conditions globally.

Foreign portfolio investors (FPI) were net buyers for the previous two months as well, infusing a net amount of Rs 11,182 crore in February and Rs 45,981 crore in March 2019.

Prior to that, FPIs had pulled out a net Rs 5,360 crore from the capital markets (both equity and debt) in January.

FPIs invested a net amount of Rs 14,300.22 crore in equities during April 1-16, while pulling out a net Rs 3,288.12 crore from the debt market, taking the total net investment to Rs 11,012.10 crore for this month so far, depositories data showed.

Foreign investors have been on a buying spree in the Indian markets since February due to improvement in global liquidity which was triggered by a shift in stance on monetary policy outlook by various central banks globally, experts said.

On the domestic front, “the investors are looking bullish on the Indian markets, given the positive prospects of a stable Government” post elections, said Harsh Jain, COO at Groww.

“So, this year has witnessed foreign money flowing into the emerging markets and India is getting its share of the same. These factors continue to drive the flows into the Indian equity markets,” he added.

SMEStreet Edit Desk

SMEStreet Edit Desk is a small group of excited and motivated journalists and editors who are committed to building MSME ecosystem through valuable information and knowledge spread.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button
%d bloggers like this: