InvestorQ : How did FPI investments pan out during the previous week ending 13 August?
Niti Shenoi made post

How did FPI investments pan out during the previous week ending 13 August?

Answer
image
ishika Banerjee answered.
4 months ago
Follow

Foreign portfolio investors or FPIs invested a total sum of Rs.2,085 crore into equities on a net basis in the August month-to-date. This surely feels much better than the Rs.11,308 crore outflows in the month of July after strong inflows in June. FPI flows in the calendar year 2021, now stand at Rs. 51,121 crore overall on a net basis.

FPI flows were helped along the way by improved macroeconomic data in the form of higher exports, sharp growth in IIP on yoy basis as well as on sequential basis. In addition, the sharply lower retail inflation, which fell 67 bps to 5.59%, also played a part in making FPIs feel better. Interestingly, these flows come at a time when the Sensex has crossed the 55,000 mark and FPIs are generally sceptical about emerging Asia for some time now.

1 Views