Both foreign and domestic flows turn positive

A first in 7 years, the combined institutional investor flow stands at Rs 69,000 crore in 2016-17

It is not often that inflow from foreign and domestic institutional investors trend in the same direction. Typically, when foreigners sell, the domestic guys buy and vice versa. 

This financial year, however, both foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) have put money in Indian equities. This is the first time since 2009-10 that net inflow from both these classes of investors has been on the positive side. Since April 1, 2016, DIIs and FPIs have together put in nearly Rs 69,000 crore, helping the markets climb 17 per cent. In comparison, during 2009-10, they had collectively pumped