FPI inflows into Indian equities hit 15-month high of Rs 17,220 cr in Feb

As per the latest data from depositories, foreign investors pumped in Rs 1,17,899.79 cr into equities and pulled out Rs 1,00,680.17 cr in Feb, a net investment of Rs 11,183 cr into the stock market

Foreign investors poured in close to Rs 17,220 crore on a net basis into Indian equities in February this year, the highest since November 2017, amid clarity on government spending plans and positive sentiments. Foreign portfolio investors had pumped in a net amount of around Rs 19,728 crore into Indian stocks in November 2017.

As per the latest data from the depositories, foreign investors pumped in Rs 1,17,899.79 crore into equities and pulled out Rs 1,00,680.17 crore in February, a net investment of Rs 11,183 crore into the stock market.

In the previous month (January 2019), however, foreign portfolio investment