Foreign Portfolio Investors: FPIs have received an investment of Rs 7,575 crore so far in September.
Foreign Portfolio Investors: Foreign Portfolio Investors (FPIs) have invested a total of Rs 7,575 crore in India so far in September. This data has been shared by NSDL. His investment in equity segment stood at Rs 4,385 crore, while in debt segment stood at Rs 3,220 crore, including debt investments made through VRR.Also Read – Share market Update: Sensex rolls down amid volatility in business, Telecom shares rise
However, outflows of Rs 30 crore have also been seen in hybrid securities invested in REITs and InvITs. Also Read – Share market update: Sensex crosses 57,000 for the first time, Nifty near 17,000
Last year the total investment was Rs 16,556 crore. Also Read – Stock market update: Sensex at record high after gaining 400 points, Nifty above 16,800 for the first time
FPI inflows continue amid recovery in the economy and improvement in macroeconomic data.
This week, both the major Indian equity indices touched new highs. The BSE Sensex touched a record high of 58,553.07 on Tuesday and the Nifty 50 touched its all-time high of 17,436.50 points on the National Stock Exchange.
In its monthly economic review for August 2021, the Department of Economic Affairs, Ministry of Finance on Thursday also noted that global investors are optimistic and upbeat about the Indian economy coming up with more investments.
Buoyed by the improvement in economic indicators following the weakening of the second wave, global investors are excited about further contribution to India’s growth in FDI and FPI inflows, a statement said.
According to the report, India’s foreign exchange reserves increased to a record high of $ 633.56 billion as of August 27, 2021, the ministry said.
(With IANS Inputs)