FPIs pumped Rs 14,649 crore into Indian markets in January
New Delhi, 31 January 2021 Sunday
Foreign portfolio investors (FPIs) made a net investment of Rs 14,649 crore in Indian markets in January. FPIs are investing in emerging markets amid globally available liquidity. According to depository data, from January 1 to 29, FPIs traded at Rs. 19,473 crore. During this time, it withdrew Rs 4,824 crore from the debt or bond market. Thus, their net investment stood at Rs 14,649 crore.
According to experts, "Corona virus epidemics have been encouraged by central banks and governments around the world, providing additional liquidity to financial markets, with foreign investors investing in emerging markets, which is also benefiting India."
FPIs are still confused about the direction of the market due to uncertainty over budget proposals. Because of this they have been selling for the last few days. He said India has received the most investment from FPIs in emerging markets in November and December. For this reason, the Sensex reached a record level of 50,000 points. He said, ‘Now FPIs are cutting profits at current levels due to uncertainty over the budget.
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