Foreign investors have put in over 5,300 crore rupees into the Indian equity market in the first half of this month, primarily on account of a positive view on the Interim Budget 2019-20. The infusion into the equity market comes following a pull-out of 5,264 crore rupees by foreign portfolio investors (FPI) in January.
According to the latest data available with depositories, a net sum of 5,322 crore rupees has been pumped into equities during 1st to 15th of this month. However, FPIs pulled out a net amount of 248 rupees crore from the bond market during the period. This has translated into a net investment of 5,074 crore rupees in the country’s capital markets (equity and debt together).