FPIs pull out investments amid rising bond yields

Updated : March 07, 2021 12:44 PM IST

Inflow of FPIs in the current financial year has been robust and Rs 2.62 lakh crore of net investments have been made in FY21 by FPIs.

FPIs have pulled out a net Rs 881 crore from the Indian equity market in the first week of March.

As the rising bond yields in the US cause panic in the global markets, foreign portfolio investors (FPI) have turned to sell their holdings.

FPIs have pulled out a net Rs 881 crore from the Indian equity market in the first week of March. They have pulled out a net investment of Rs 5,595 crore from the debt segment, showed NSDL data.

However, the net investment in the debt-VRR segment was at Rs 1,320 crore during March 1-5.

The rising bond yields have nearly brought a halt to the bull run both in the global and the domestic equity markets.

Further, investors also have taken to profit booking after markets touched record highs, analysts said.

Investors are hoping that the upcoming Federal Open Market Committee's meeting would stress on keeping interest rates subdued for some more time which may stabilise the bond markets.

Inflow of FPIs in the current financial year has been robust and Rs 2.62 lakh crore of net investments have been made in FY21 by FPIs.

Published : March 07, 2021 12:44 PM IST

FPIs pull out investments amid rising bond yields

You May Also Like

India's COVID-19 active cases breach 11-lakh mark for first time, record daily high of 1,52,879

Mcap of four of 10 most valued companies jump over Rs 1.14 lakh crore

Ranchi-based start-up Puresh Daily raises Rs 1.2 crore seed fund

Trending on CNBC-TV18

recommended for you