FPI investments at 7-year peak

Foreign portfolio investors (FPIs) have pumped in nearly $10 billion (Rs 65,400 crore) in the primary share market, highest in seven years. 

However, it’s a different story in the secondary market, with FPIs offloading stocks worth $3.4 billion. In effect, their total net inflow of $6 billion (Rs 39,200 crore) this year is largely a result of their investment in the primary market. 

The primary market has seen its highest issuance ever, at $20 billion till October, shows data from Edelweiss Alternative Research. 

Also, since the beginning of calendar year 2015, FPIs have sold $7.73 billion in the secondary market and deployed $19.9