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Markets rebound sharply on stimulus measures, but FPIs not fully back yet

The selling was far less intense in India with foreign portfolio investors (FPIs) offloading shares worth only $400 million

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The benchmark Nifty soared 14.7 per cent during the month; this was its best monthly performance since May 2009

2 min read Last Updated : May 03 2020 | 9:17 PM IST

Overseas investors remained net-sellers in April despite a sharp rebound in stock prices. The emerging market (EM) pack saw sell-off to the tune of $37 billion in April, even as the MSCI EM index gained 9 per cent, the data provided by Bloomberg shows.

The selling was far less intense in India with foreign portfolio investors (FPIs) offloading shares worth only $400 million. This helped Indian equities outperform most global peers in April.

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The benchmark Nifty soared 14.7 per cent during the month; this was

Topics : Markets Markets rebound Economic stimulus FPIs FPIs’ net outflow

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