FPIs invest Rs 22,872 cr in November
Foreign investors remained net buyers in the Indian capital market for the third straight month in November, putting in Rs 22,872 cr on net basis during the month, as per depositories data.
By : migrator
Update: 2019-12-01 20:07 GMT
New Delhi
Analysts said expectations of a trade deal between the US and China, and more relief measures as well as disinvestment drive by the government among other factors helped keep FPIs stuck on the capital markets.
A net sum of Rs 25,230 cr was flowed into equities by FPIs in November, the data showed. However, they pulled out Rs 2,358.2 cr from the debt segment, translating into a total net investment of Rs 22,871.8 cr by FPIs in Nov.
FPIs had invested a net sum of Rs 16,037.6 crore in October and Rs 6,557.8 crore in September. “FPIs have been consistent net buyers in November mainly due to expectations of a trade deal between US-China.
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