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FPIs remain positive on Indian markets; invest Rs 41,330 cr in Aug so far

FPIs remain positive on Indian markets; invest Rs 41,330 cr in Aug so far

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FPIs have turned their focus towards emerging markets like India because these markets have been performing well, say experts

Press Trust of India New Delhi
Overseas investors have put in Rs 41,330 crore in Indian markets on net basis in August so far as the excess liquidity in global markets found its way to emerging markets like India.

According to the depositories data, foreign portfolio investors (FPI) pumped in Rs 40,262 crore into equities and Rs 1,068 crore in the debt segment between August 3-21.

Prior to this, FPIs were net buyers for two consecutive months. They invested Rs 3,301 crore in July and Rs 24,053 crore in June on net basis.

According to Himanshu Srivastava, associate director - manager research, Morningstar India, there has

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First Published: Aug 23 2020 | 3:34 PM IST

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