FPIs were net buyers for the previous two months as well, infusing a net amount of Rs 11,182 crore in February and Rs 45,981 crore in March 2019
RBI threw open the VRR to investors last month, aimed at attracting long-term overseas money into the debt market while ensuring operational flexibility to FPIs to manage their investments
The investors had pumped in a net sum of Rs 2,965.66 crore on February 11, the second-highest single-day inflow so far this month
FPIs upped stake in 28 companies, while reducing holdings in 44 in the Morgan Stanley top 75 universe during the quarter
If Brent crude falls and the rupee appreciates to some extent, the import bill could be somewhere between $105 billion and $125 billion for the financial year
Their investments in the top 20 shares as a percentage of the overall investment touched a multi-year high
IT and healthcare sectors saw the most buying interest with inflows of $774 mn and $194 mn, respectively
Nil withholding certificates not issued to investors from Mauritius, Singapore for shares bought before April 1, 2017
The latest outflow is higher than Rs 210 bn worth of net withdrawals seen in entire September
This is much higher than the over Rs 210 billion net outflow seen in entire September
Investments will be over and above existing limits set for govt, corporate bonds
Several measures have been undertaken in recent times to facilitate FPI investment in debt
Not just India, but Asian peers such as Indonesia, South Korea, Thailand, Taiwan and The Philippines have seen sharp FPI outflows this year
FPI outflows from the domestic market were seen accelerating last week amid a slide in rupee and spike in bond yields
Move will help do away with several curbs on NRI investments, opening a new source for foreign inflows
Some foreign portfolio investors (FPIs) are believed to have earlier expressed concerns over the proposed changes in rules, for which Sebi has already granted more time
The latest inflow comes after such investors had taken out more than Rs 200 billion from the stock market during April-June
Selling by FPIs in Indian debt markets could be attributed to higher fuel prices which fans fear that inflation may stoke further
So far this year, overseas investors have withdrawn Rs 447.37 billion from the capital markets
This comes following a net outflow of over Rs 45,000 crore from capital markets (equity and debt) in the last two months