FPIs stay bullish on India
   Date :15-Apr-2019

FOREIGN investors have pumped in a net sum of Rs 11,096 crore into the Indian capital markets in April so far, driven by global and domestic factors. Foreign portfolio investors (FPI) were net buyers for the previous two months as well, infusing a net sum of Rs 11,182 crore in February and Rs 45,981 crore in March. Prior to that, FPIs had pulled out a net Rs 5,360 crore from the capital markets (both equity and debt) in January.
As per depositories data, FPIs invested a net amount of Rs 13,308.78 crore in equities and pulled out Rs 2,212.08 crore from the debt segment during April 1-12, taking the total net investment to Rs 11,096.70 crore. “We are seeing this positive rally since February,” said Harsh Jain, COO at Groww.