FPI invests ₹25,787 crore in Indian equities in February

Advertisement
FPI invests ₹25,787 crore in Indian equities in February
Pixabay
As the Indian equities continued to scale new highs post the Union Budget for FY22, the net foreign portfolio investments (FPI) into the Indian equities in February was ₹25,787 crore.
Advertisement

The total net FPIs in 2020 now stand at ₹45,260 crore, as per NSDL data.

Foreign investments have continued to flow in post the Union Budget which announced further liberalisation measures including privatisation of banks and also did not come up with a new tax levy.

So far, in the financial year 2021-22, net FPIs into equities stood at ₹2.63 lakh crore, the highest ever FPI inflow into the country.

Further, the net foreign institutional investment (FII) during the month was ₹42,044.46 crore.

Advertisement

The rising foreign investments have also led to the strengthening of the Indian rupee.

However, the recent bond yield surge both in the US and the domestic market have caused a frenzy in among the investors leading to bear run in the stock markets.


SEE ALSO:
RailTel makes a decent debut — shares list on bourses at 16% premium
Crypto firm Kraken seeks to double its valuation to $10 billion as trading in digital assets skyrockets
Bharat Bandh – over eight crore traders across India shut shop in protest against rising fuel prices and changes in GST rules
{{}}