InvestorQ : How have been the FPI flows into India in the month of April 2021?
Deepa Salunkhe made post

How have been the FPI flows into India in the month of April 2021?

Answer
image
Arya Nanda answered.
8 months ago
Follow

FPIs have withdrawn Rs.7,622 net from Indian financial markets in the month of April 2021 till 23 April. There was selling of Rs.8,074 crore in equities and buying of Rs.1,052 crore in debt. The equity selling was triggered by the resurgence of COVID-2.0 as well as the likely economic impact of state level restrictions.

It may be recollected that the FPIs infused Rs.55,616 crore between January and March 2021. FPIs now have been selling in equities for 5 consecutive weeks. In terms of the sector specific churn, the FPIs have been selling banks but have been buying into sectors with global linkages like IT, metals and pharma.

0 Views