Foreign investors have removed a net amount of Rs 4,375 crore from the Indian capital markets in May so far, driven by global and domestic factors. Before this, overseas investors had infused a net amount of Rs 16,093 crore in April, Rs 45,981 crore in March and Rs 11,182 crore in February in the capital markets (both equity and debt).<\/p>\n
According to the latest depositories data, foreign portfolio investors (FPIs) withdrew a net sum of Rs 2,048 crore from equities and Rs 2,309.86 crore from the debt market during May 2-24, scaling the total net outflow to Rs 4,375.86 crore.<\/p>\n
But, what is noteworthy is that foreign investors pumped in money on the day of election results as the mandate became clear, said a mutual fund head.<\/p>\n
FPIs invested a net Rs 1,352.20 crore in equities on May 23, when the ruling BJP scored a thumping victory in the general elections.<\/p>\n
The FPIs are said to remain cautiously optimistic on what the government will deliver in a second term, neglected cyclical segments from banks to capital goods to infrastructure-related plays may see increased interest from institutional investors, he added.<\/p>\n
Another researcher said the exit poll indications followed by the actual emphatic BJP victory has certainly enthused foreign investors. He added that with a strong government at the Centre, one expect that the FPIs would be watching India more keenly amongst the emerging markets pack.<\/p>\n","protected":false},"excerpt":{"rendered":"
Foreign investors have removed a net amount of Rs 4,375 crore from the Indian capital markets in May so far, driven by global and domestic factors. Before this, overseas investors had infused a net amount of Rs 16,093 crore in April, Rs 45,981 crore in March and Rs 11,182 crore in February in the capital […]<\/p>\n","protected":false},"author":1,"featured_media":4743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[156,3933,3602],"class_list":["post-5276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-and-politics","tag-bjp","tag-depostitories-data","tag-fpi"],"aioseo_notices":[],"yoast_head":"\n