You are here: Home » Markets » News
Business Standard

FPIs stay bullish on India, invest over Rs 37 billion in debt markets

Besides, they infused Rs 940 million in the stock markets during the period under review

Press Trust of India  |  New Delhi 

FPI investments
Representative image

have put in over Rs 37 billion in the Indian in the last five as are not increasing in the US.

This comes following a net outflow of Rs 127.5 billion in the last two months (February-March) probably due to the surge in increasing in home as well as outlook due to crude price and

Prior to that, (FPIs) had pumped in over Rs 85 billion in January.

According to depository data, invested a net sum of Rs 37.06 billion ($570 million) in the during April 2-6.

Besides, they infused Rs 940 million in the during the period under review.

Explaining the reason for inflow in debt markets, Harsh Jain, COO at Groww.in, said are not increasing in a hurry in the US.

"March was a good time to sell for smart investors as yields were high in India which have reversed significantly in last few days and hence are attracting investments," he added.

Going ahead, both equity and will see volatility in the ongoing financial year, in terms of investment by a result of global trade tensions, Fed rate hikes in US as well as elections in India, Vidya Bala, head of MF Research at FundsIndia.com said.

First Published: Sun, April 08 2018. 14:13 IST
RECOMMENDED FOR YOU