Foreign investors are raising their bets on Indian market pumping in over 11,000 crore rupees into the domestic equities so far this month on continued hopes that the RBI would bring down the monetary policy rate. However, they pulled out 1,027 crore rupees from the debt markets so far in March. Foreign Portfolio Investors (FPIs) have turned net buyers of equities in March after pulling out a massive 16,648 crore rupees from the market in the previous two months. According to the data available with depositories, FPIs invested 11,166 crore rupees in equities during March 1 to 18, while 1,026 crore rupees were withdrawn from the debt market in the sameperiod, leading to a net inflow of 10,140 crore rupees.
News On AIR | March 20, 2016 4:28 PM
Foreign investors pump in Rs.11,000 crores into domestic equities in March