FPIs pump in Rs 19,700 cr into markets in Nov, inflows hit 8-month high

Foreign investors pumped over Rs 19,700 crore into the country's stock markets in November, the highest in eight months, mainly due to government's plan to recapitalise PSU banks and surge in India's ranking in the World Bank's ease of doing business.  

In addition, such investors put in Rs 530 crore in the debt markets during the period under review.

According to depositories data, foreign portfolio investors (FPIs) invested a net amount of Rs 19,728 crore in equities last month.

This is the highest net investment by FPIs since March, when they had poured in Rs 30,906 crore in the equity market.

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