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After 2-month selling streak, FPIs invest Rs 15,958 cr in first week of May

In March, FPIs had withdrawn a record amount of over Rs 1.1 trillion on a net basis, while Rs 15,403 crore was pulled out in April from the domestic capital markets (both equity and debt)

India remains favourite with FPIs despite a steady deterioration in macros
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In addition to that, measures announced by the government and the RBI periodically to revitalise the sagging economy would have also resonated well with investors.

Press Trust of India New Delhi
Reversing their two-month selling streak, overseas investors pumped in a net Rs 15,958 crore in the Indian capital markets in the first week of May.

As per the latest depositories data, foreign portfolio investors (FPI) infused a net Rs 18,637 crore in equities, but pulled out a net Rs 2,679 crore from the debt segment between May 1-8, taking the cumulative inflow to Rs 15,958 crore.

The latest inflow comes after two consecutive months of huge withdrawals.

In March, FPIs had withdrawn a record amount of over Rs 1.1 trillion on a net basis, while Rs 15,403 crore was pulled

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