Foreign Portfolio Investors (FPI) invested Rs. 5001 crores in Indian equities alone in August, PTI reported.
According to data from National Securities Depository Limited (NSDL), the net FPI investment in equities stands at Rs 54,037 crore in 2021. As reported by PTI, The FPIs have made a comeback after a net outflow of Rs 11,308 crore in July.
Between August 2 and 20, Rs. 2,244 crore have also been invested in the debt segment, PTI reported. In total, FPI invested Rs. 7,245 crore in the Indian capital market.
Shrikant Chouhan, Executive Vice President, Equity Technical Research at Kotak Securities said, “FPIs have been net buyers in Indian equities in Aug 2021 till date. FPI flows are expected to be volatile, given FOMC meeting minutes suggesting increased tapering likelihood.”
He also said that tapering is expected to have a substantial impact on global equity markets he said. As reported by PTI, Chouhan also noted that in other Asian markets like South Korea, Taiwan, and Thailand FPI continues to be negative to the tune of USD 5,269 million, USD 855 million, and USD 341 million, respectively.
On August 18, BSE Sensex hit a record high of 56,000 points for the first time in history while Nifty 50 hit a new record of 16,700.
