 "dollar, FPI, foreign investment")
Overseas investors have been pouring in money in quality large-cap stocks in calendar year 2019 (CY19), with their net investment in Indian equities nearing the Rs 1-trillion mark during this period – a six-year high. Thus far in CY19, foreign portfolio investors (FPIs) have pumped in a net Rs 99,966 crore ($14.2 billion) in equities. The inflow during the year is highest since CY13, when they made a net investment of Rs 1.1 trillion ($20.1 billion) in equities.
ALSO READ: India's total market-cap rises to Rs 155 trn on growth in FPI, MF assets
ALSO READ: India's total market-cap rises to Rs 155 trn on growth in FPI, MF assets
FPIs reposed faith in
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