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After rush to exit India in March & Apr, FPIs invest Rs 9k cr in May so far

The inflow comes following a net withdrawal of Rs 6,883 crore in April and Rs 61,973 crore in March on fears of a coronavirus-induced global recession

The stimulus package announced by China and the optimism around the US-China trade agreement has further bolstered FPI sentiment towards emerging markets (EMs) as a whole

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India would continue to witness rotational trend. Hence, bouts of sharp net outflows or net inflows from Indian financial markets cannot be ruled out

Press Trust of India

3 min read Last Updated : May 24 2020 | 12:21 PM IST

Reversing their selling trend, foreign investors have infused over Rs 9,000 crore into the Indian equity markets in May so far amid attractive valuations of stocks and a mega block deal involving HUL.

Experts believe foreign portfolio investors (FPIs) will keep a close watch on how India manages to keep Covid-19 cases under check with relaxations in lockdown curbs, and how quickly it revives growth.

The inflow comes following a net withdrawal of Rs 6,883 crore in April and Rs 61,973 crore in March on fears of a coronavirus-induced global recession.

Prior to that, foreign portfolio investors (FPIs) had put in over Rs 1,820crore

Topics : Foreign portfolio investor FPIs Indian markets

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