For­eign in­vestors pump Rs 5,300 cr into marekts in just 6 trad­ing ses­sions

The Free Press Journal - - BUSINESS -

NEW DELHI: For­eign in­vestors have in­fused close to Rs 5,300 crore in the In­dian eq­uity mar­kets in the last six trad­ing ses­sions, mainly on ex­pec­ta­tions of higher eco­nomic growth. This comes fol­low­ing a pull­out of Rs 5,264 crore by for­eign port­fo­lio in­vestors (FPIs) in Jan­uary. Prior to that, they had put in Rs 5,884 crore in the stock mar­kets dur­ing Novem­berDe­cem­ber 2018. Ac­cord­ing to data avail­able with de­pos­i­to­ries, FPIs put in a net amount of Rs 5,273 crore in eq­ui­ties dur­ing Fe­bru­ary 1-8. How­ever, they pulled out a net sum of Rs 2,795 crore from the debt mar­ket in the pe­riod.

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