Tuesday, March 04, 2025 | 04:29 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

FPIs pour in Rs 2.5-lakh crore in 1st year of Modi govt

The net investments by Foreign Portfolio Investors into Indian equities stood at Rs 93,636 crore during the first one-year period of the NDA govt

PM Narendra Modi called on President Mukherjee at Rashtrapati Bhavan on first anniversary of NDA govt

Press Trust of India New Delhi
India's capital markets have caught the attention of foreign investors, as they have pumped in over Rs 2.5 lakh crore in equities and debts during the first year of the Modi government.

The net investments by foreign portfolio investors into Indian equities stood at Rs 93,636 crore during the first year of the Narendra Modi-led government. The same for debt markets was at Rs 1,58,165 crore, taking the total to Rs 2,51,801 crore, according to Sebi data.

ALSO READ: People's expectations high, more to be done: Modi

Market analysts believe that FPIs have been betting on the Indian market mainly on account of reforms measures initiated by the central government.
 

"After the change of the government at the Centre in May last year, there has been a significant change in sentiment and outlook towards India. Most foreign investors are finding India to be a far better choice that can generate returns in both short and long term," Axis Mutual Fund Managing Director and CEO Chandresh Nigam said.

Overseas investors remained bullish on the Indian markets throughout first year of the Modi government, barring the month of May 2015.

Foreign investors have pulled nearly Rs 14,000 from the capital markets (equities and debt) this month amid worries over imposition of 20 per cent minimum alternate tax (MAT)on capital gains by them till April 1, 2015.

However, experts are bullish on FPIs inflow in the Indian capital markets in the long-term.

FPIs, the main driver of the equity market, have helped the benchmark BSE Sensex gain by 2,950 points or over 15 per cent in the last one year.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 26 2015 | 12:41 AM IST

Explore News