Foreign Portfolio Investor (FPI)
FPI has made a net investment of Rs 23,663 crore in Indian markets in February. According to the depository data, during February 1-26, FPIs netted Rs 25,787 crore in shares.
- Last Updated:February 28, 2021 1:41 PM IS
According to the depository data, during February 1-26, FPIs netted Rs 25,787 crore in shares, but they also withdrew Rs 2,124 crore from the loan or bond market. In this way, his net investment in the Indian market was Rs 23,663 crore.
Last month, FPI netted Rs 14,649 crore in Indian markets. Rasmic Ojha, vice-president and head of Kotak Securities, said the general budget and good quarterly results of companies were the main reason for the flow of FPIs this month.
Also read: These important rules will change from March 1, know that today you will not be able to transact money from tomorrow.VK Vijayakumar, chief investment strategist at Geojit Financial Services, said FPI inflows have slowed due to the increase in realizations on 10-year bonds in the US. He said that the realization on the 10-year bond of America is an important contributor to the capital flow. The yield on bonds is increasing due to inflation. This will make the flow of capital sluggish.
Prediction will increase rapidly in 2021
S Ranganathan, head of research, LKP Securities, said the FPI’s stance was positive for Indian markets, as the IMF predicted India to be the fastest growing major economy in 2021. He hoped that the flow of FPI would be positive next month as well.
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How much investment did you make in January?
In the first five trading sessions of February, a net investment of Rs 12,266 crore has been made in Indian markets. At the same time, in the month of January, a net investment of Rs 14,649 crore was made in Indian markets.