June 2, 2019 7:33 PM

Overseas investors pump over Rs 9,000 crore into Indian capital markets in May

Overseas investors pumped more than 9,000 crore rupees into the Indian capital markets in last month on expectations of more business-friendly measures following the BJP's landslide victory in the general elections. Interestingly, foreign investors were net sellers for the first three weeks of May, but the tide turned just ahead of the announcement of election results. According to the latest depositories data, Foreign Portfolio Investors (FPIs) infused around 7,920 crore rupees into eq...