Business Standard

FPI inflow crosses $30 bn in FY21, highest investment in a FY since 2013

After remaining on the sidelines during the last week, FPIs have pumped in over $1 billion (Rs 8,030 crore) in equities in past two days alone

stock market, markets, fpi, fdi, trading, nse, bse, sensex, nifty, rally, coronavirus, covid, lockdown
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According to Morgan Stanley's estimates, last week saw an all-time high US dollar inflow amount to dedicated Asia / EM equity funds of $8.7 billion, marking the 18th straight inflow week to the asset class

Deepak KorgaonkarPuneet Wadhwa Mumbai/ New Delhi
Foreign portfolio investors (FPIs) continue to bet big on ‘India story’ with their net investment in Indian equities already hitting $31.7 billion mark thus far in financial year 2020-21 (FY21) – the highest investment in a financial year since fiscal 2012-13 (FY13) when they had invested a net $25.8 billion (Rs 1.40 trillion) in Indian equities, data show.

After remaining on the sidelines during the last week, FPIs have pumped in over $1 billion (Rs 8,030 crore) in equities in past two days alone, after Finance Minister Nirmala Sitharaman presented Budget proposals for FY22. On Tuesday, February 2, they put

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