FPIs pour in $6.1 bn in Apr-July; equity segment gets a major chunk

Of the net inflows received in FY20 so far, 54 per cent are in the equity segment, 34 per cent in debt and the rest hybrid

The country witnessed foreign portfolio investment (FPI) of $6.1 billion during April-July of this fiscal year, reversing a negative trend observed in the same period of last fiscal when there was an outflow of $9.3 billion. 

Despite heavy buying by foreign investors in the last month of 2018-19 (FY19), foreign portfolio investors remained net sellers of $5.5 billion in the market. The  first  quarter  of  2019-20  (FY20) witnessed  heavy  foreign  portfolio  buying  in both  debt  and  equity  markets  aggregating  $6.1  billion, the data from the Centre for Monitoring Indian Economy showed. 

However, an announcement  of  increase  in  surcharge on  the