FPI Infused Rs 17,818 Crores In The Indian Markets

FPI infused Rs 17,818 crore in Indian markets in four trading sessions in December.

Foreign Portfolio Investors (FPI) have infused Rs 17,818 crore into Indian markets in four trading sessions in December.

Foreign investors’ attraction to Indian markets has increased due to better-than-expected improvements in economies around the world and positive results regarding the coronavirus vaccine.

According to depository data, FPIs have invested a net of Rs 16,520 crore in shares and Rs 1,298 crore in debt or bond markets during December 1-4.

Thus his net investment in Indian markets was Rs 17,818 crore. Earlier in November, FPIs netted Rs 62,951 crore in Indian markets.

Harsh Jain, chief operating officer (COO) of GRO, said, “Economies around the world are improving faster than expected.

So the flow of FPIs in Indian markets is increasing rapidly. He said that apart from this the positive results of the vaccine trials of covid-19 have also boosted investor confidence.

Research star Himanshu Srivastava, Associate Director-Manager, Morningstar India, said, “FPIs are very attractive to emerging markets and India is also benefiting from this trend.”

FDI equity inflows exceed $ 500 billion mark

Foreign direct investment (FPI) equity inflows into the country have crossed the $ 500 billion mark during April 2000 to September 2020.

This shows that India is being counted as a safe and important investment destination in the world.

According to data from the Department of Industry and Internal Trade Promotion (DPIIT), the country has received FDI of $ 500.12 billion during this period.

Of this, 29 percent of FDI came from the Mauritius route.

After this, 21 percent FDI came from Singapore, seven percent each from USA, Japan and Netherlands and six percent from UK.

During this period, India has received FDI of $ 144.71 billion from Mauritius and $ 106 billion from Singapore.