FPIs remain buyers for fourth consecutive month; infuse Rs 9,031 crore in May
Updated : June 03, 2019 07:24 AM IST
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 a net sum of Rs 7,919.73 crore into equities and Rs 1,111.42 crore in the debt market during May 2-31, taking the cumulative net investment to Rs 9,031.15 crore.
Prior to this, they had invested a net Rs 16,093 crore in April, Rs 45,981 crore in March and Rs 11,182 crore in February in the capital markets (both equity and debt).
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