FPIs poured Rs 13,424 crore into Indian markets so far in June – fpis poured rs 13424 crore into Indian markets so far in June
According to depository data, FPIs invested Rs 15,520 crore in equities during June 1 to 11.
Morningstar India Associate Director-Manager Research Himanshu Srivastava said, “The economy is expected to open soon amid decreasing cases of corona virus due to net inflow of foreign investors into stocks during the last two weeks.”
In June, FPIs pulled out Rs 2,096 crore from the debt or bond market. In this way his net investment has been Rs 13,424 crore.
Earlier in May, FPIs had withdrawn Rs 2,666 crore from Indian markets and Rs 9,435 crore in April.
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