FPIs return, invest nearly Rs 8k cr in Indian equities last week

Insight Online News

Mumbai, June 6 : ​Amid robust fourth quarter earnings and declining daily cases of Covid-19, foreign portfolio investors (FPI) have made a comeback in June and invested nearly Rs 8,000 crore during May 31-June 4.


​FPIs made a net investment of Rs 7,967 crore during the week, as per NSDL data.

​The surge in foreign funds have also led the Indian stock market to touch new highs. The Nifty50 on the National Stock Exchange recorded a record high of Rs 15,733.60 during the week.

​The inflow comes after two consecutive months of outflow.

​In April and May, FPI’s net selling stood at Rs 9,659 crore and Rs 2,954 crore in Indian equities, respectively.

​The aggregate net investmemt of FPIs into indian equities so far in 2021 stands at Rs 51,096 crore.

IANS / AGENC

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