FPIs open fund floodgates for markets; net inflow crosses Rs 1 trn in 2019

Ignoring negative sentiments around falling GDP growth rate and some policy roadblocks, foreign portfolio investors seem to have flocked to the Indian capital market in a big way in 2019 with a net inflow of over Rs 1.3 trillion, including Rs 97,250 crore in equities -- the highest in last six years.

As the year draws to a close, the debt market has seen a net inflow of nearly Rs 27,000 crore by FPIs, while a further amount of Rs 9,000 crore found its way to the hybrid instruments, shows the capital market data compiled by depositories.

Experts believe the