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Investment via participatory notes declines to Rs 86,706 crore in May

FPIs will reverse selling stance in one/two quarters, return to India's equities: Experts

Over the past three months, FMCG stocks have cornered the highest FPI flows at $1.7 billion, according to an analysis by IIFL Alternative Research.
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This was the eighth consecutive month of net pull-out by FPIs from equities.

Press Trust of India New Delhi
Investment in the Indian capital markets through participatory notes (P-notes) dropped to Rs 86,706 crore until end-May from the preceding month, while experts say foreign investors will reverse their selling stance and return to the country’s equities in the next one/two quarters.

P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly.

They, however, need to go through a due diligence process.

According to the Securities and Exchange Board of India data, the value of P-note investments in Indian markets - equity, debt,

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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