FPIs pump in Rs 11,012 cr in April so far
   Date :22-Apr-2019

 
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. Himanshu Srivastava, senior research analyst, manager research at Morningstar, said, “The recent flows are largely a global trend than India specific. India is not the only country receiving net flows, the trend is similar in other emerging markets as well,” he said.