 "Illustration: Ajay Mohanty")
Foreign portfolio investors (FPIs) were net buyers to the tune of Rs 16,459 crore in Indian markets in August, with majority of investment coming in the debt segment.
In equities, they invested just Rs 2,082.94 crore while debt segment saw inflow of Rs 14,376.2 crore between August 2-31, depositories data showed.
The quantum of investment in the debt segment is highest in this calender year so far.
"The main reason for FPI buying debt is the rising spread between the bond yields in US and India. The US 10-year is below 1.30 per cent and the Indian 10-year has risen above 6.2 per
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