Since January 2018, foreign portfolio investors (FPIs) have invested a net Rs 85 billion in rupee equity and sold a net Rs 108 billion in rupee debt. In April, which was the start of a new fiscal, they sold Rs 55 billion of equity and Rs 100 billion of debt. The April numbers have skewed the data downwards.
Between January-March 2018, the FPI attitude was net positive with net equity buying of Rs 139 billion and net debt sales of Rs 8 billion. The Nifty was up over 6 percent in April despite the FPI sales. Domestic Institutions bought Rs 86.6 billion in April, and retail investors ...
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First Published: Sun, May 06 2018. 20:11 IST
