FPIs infuse $2 bn into debt markets this month

A sum of $523 million pulled out from equities on account of profit booking in October so far

Foreign investors have poured a whopping $2 billion into the Indian debt markets so far this month due to lower currency volatility coupled with "positive real interest rates".

Foreign portfolio investors (FPIs) however pulled out Rs 3,408 crore ($523 million) from equities on account of profit booking during this period.

According to the latest depository data, FPIs invested a net sum of Rs 12,135 crore ($1.86 billion) in debt markets during October 3-18.

This follows a net inflow of Rs 1.4 lakh crore in the last eight months -- February-September. Prior to that, they had withdrawn more than Rs 2,300 crore.

Bajaj Capital CEO