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FPIs turn net buyers in February, pour Rs 5,300 crore into equities so far

The inflow into the equity market can be a result of the positive view on the Budget

Press Trust of India  |  New Delhi 

FPIs turn net buyers in February, pour Rs 5,300 crore into equities so far

Foreign investors have put in over Rs 5,300 crore into the Indian equity market in the first half of this month, primarily on account of positive view on the Interim Budget 2019-20.

The infusion into the equity market comes following a pull-out of Rs 5,264 crore by foreign portfolio investors (FPI) in January.

According to the latest data available with depositories, a net sum of Rs 5,322 crore has been pumped into equities during February 1-15. However, pulled out a net amount of Rs 248 crore from the bond market during the period.

This has translated into a net investment of Rs 5,074 crore in the country's capital (equity and debt together).

have turned into net buyers in February so far as is one of the promising emerging markets, analysts said, adding that sustainability of the economic growth and formation of a stable government at the Centre will play significant roles in the FPI flows.

The inflow into the equity market can be a result of the positive view on the Budget. Though is among the promising emerging markets, the foreign investors are expected to stay cautious for the next few months till elections, said Harsh Jain, at

Expressing similar views, (Investment Analytics) said: "The trends are suggesting that the are tracking the short-term and improvement in macroeconomics.

"However, crude oil prices, currency volatility and upcoming Lok Sabha elections are some of the key events which will be the major factors for FPI flows. The interim approach of the government until it ends will help FPIs make a come back in India," he added.

First Published: Sun, February 17 2019. 10:35 IST
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