FPIs remain net buyers at Rs 12,266 cr in first 5 trading sessions of Feb

Foreign portfolio investors (FPIs) remained net buyers to the tune of Rs 12,266 crore in the Indian market in the first five trading sessions of February, as positive sentiment post-Union Budget 2021 sparked a rally in investment.

As per FPI statistics available with depositories, overseas investors pumped in a net Rs 10,793 crore into equities and Rs 1,473 crore in the debt segment between February 1-5.

During the period under review, the total net investment stood at Rs 12,266 crore.

In the previous month, FPIs invested a net sum of Rs 14,649 crore in Indian markets.

Kotak Securities Executive Vice-President and Head (Fundamental Research)