
Foreign portfolio investors pump in Rs 7,245 crore in August
Zee News
As per depositories data, Rs 5,001 crore was invested in equities and Rs 2,244 crore in the debt segment by overseas investors between August 2-20.
New Delhi: Foreign portfolio investors (FPI) have pumped in a net Rs 7,245 crore into the Indian capital markets in August so far amid positive sentiments due to an improving macroeconomic environment. The gradual increase in the amount of net inflows indicates that investors are slowly dropping their cautious stance and gaining higher conviction on the Indian markets, said Himanshu Srivastava, associate director - manager research, Morningstar India. As per depositories data, Rs 5,001 crore was invested in equities and Rs 2,244 crore in the debt segment by overseas investors between August 2-20. This took the total net investment to Rs 7,245 crore. Regarding other emerging markets, Shrikant Chouhan, executive vice president, equity technical research at Kotak Securities, noted that flows in South Korea, Taiwan and Thailand continue to be negative to the tune of USD 5,269 million, USD 855 million and USD 341 million, respectively.More Related News