FPI outflow followed withdrawal of close to Rs 77,000 crore on net basis from equity and debts
This year so far, FPIs invested a net sum of Rs 28,742 crore in stocks while they pulled out Rs 24,710 crore from debt market
Domestic cash crunch following demonetisation drive to curb black money sparked intense selling pressure
FPIs invested Rs 37,146 cr in stocks while they pulled out Rs 13,278 cr from debt market, resulting in a combined net inflow of Rs 23,868 cr
Investor sentiment remained downbeat amid some reports projecting a possible win for Donald Trump in the US presidential poll
Most of the funds have been withdrawn from debt markets during the period under review
Overseas investors have picked up maximum stake in Axis Bank during the quarter under review
Deadline for converting to FPIs ends in March 2017
Net investment by FPIs stood at Rs 10,443 crore in equities last month while the same for debt was Rs 9,789 crore
The latest infusion comes on top of a whopping inflow of Rs 25,904 in the preceding two months (July-August)
Experts attribute the latest inflow to rate cut by Bank of England and the passage of long-pending GST Bill
So far this year, FPIs have invested Rs 31,778 crore in equities while withdrawing Rs 4,723 crore from the debt market
They pumped Rs 4,429 cr in equity markets so far this month
Market experts attributed the inflows in last month to a positive update about an above-normal monsoon this year
However, FPIs are bullish on stock market as they put in Rs 1,495 cr during same period
FPIs hiked their stake most in Max Financial Services by 8.4% to 33.5%, followed by SKS Microfinance, The Ramco Cement, Apollo Tyres and PVR, the report says
In the previous month, FPIs had invested a staggering Rs 19,967 crore in capital markets
FPIs turned net buyers of equities in March after pulling out a massive Rs 41,661 cr from the market in the previous four months
Overseas investors buoyed by recent rate cut by RBI and hopes of a good monsoon
Market experts attributed the huge inflows to continued hopes that RBI would bring down the monetary policy rate at its first policy meet of 2016-17 on April 5