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Business News

Dec 01, 2019
7:15PM

FPIs remain net buyers for third month; invest Rs 22,872 cr in Nov

AIR Pics
Foreign investors remained net buyers in the Indian capital market for the third straight month in November this year, putting in 22,872 crore rupees on a net basis.

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 25,230 crore rupees was flowed into equities by FPIs in November. However, they pulled out around 2,358 crore rupees from the debt segment, translating into a total investment around 22,872 crore rupees by FPIs in November.

FPIs had invested around 16,038 crore rupees in October and around 6,558 crore rupees in September this year.
 

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