FPIs have made a comeback after pulling out investments for two consecutive months. In April and May, net selling by FPIs stood at Rs 9,659 crore and Rs 2,954 crore.The
Foreign Portfolio Investors (FPI) have made a total net investment of Rs 15,520 crore in Indian equities so far in June.FPIs have made a comeback after pulling out investments for two consecutive months. In April and May, net selling by FPIs .
FPIs invest ₹8,000 cr in Indian markets in just four trading sessions
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Foreign investors have infused close to ₹8,000 crore into Indian equities in the first four trading sessions of June as risk-on sentiment improved amid rapidly falling new COVID-19 cases and robust corporate earnings.
The inflow comes following a net withdrawal of ₹2,954 crore in May and ₹9,659 crore in April, data with depositories showed.
Going ahead, improvement in the scenario on the coronavirus front in the country and pick-up in the vaccination drive may attract higher FPIs investments, Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said.
›Light touch regulations, additional leeway for fund managers, ring-fencing liability on the anvil for VCC structure in IFSC
Light touch regulations, additional leeway for fund managers, ring-fencing liability on the anvil for VCC structure in IFSC
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Light touch regulations, additional leeway for fund managers, ring-fencing liability on the anvil for VCC structure in IFSCBy
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Synopsis
A committee set up by the International Financial Services Centre (IFSC) on Variable Capital Company (VCC) has recommended light touch regulations , extending additional facilities to fund managers and a separate regulatory framework among other things, according to people close to the development.
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