FPIs infuse Rs 19,203 cr into Indian capital markets in Nov so far
According to the latest depositories data, overseas investors infused a net amount of Rs 14,435.6 crore into equities and Rs 4,767.18 crore into the debt segment during November 1-15, taking the total net investment to Rs 19,202.7 crore.
Prior to this, FPIs had poured a net Rs 16,464.6 crore in October and Rs 6,557.8 crore in September into the domestic capital markets (both equity and debt)."The consistent flows depict that FPIs are fast gaining confidence in the Indian equity markets, after they made harried exit in the months of July and August, due to measures such as rollback of super-rich surcharge, merger and recapitalisation of PSU banks, relief measures for the revival of automobile sector, rationalization of corporate tax rates among others," said Himanshu Srivastava, senior analyst manager research at Morningstar Investment Adviser India.
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