InvestorQ : What was the nature FPI buying and selling in the month of July 2021?
swati Bakhda made post

What was the nature FPI buying and selling in the month of July 2021?

Answer
image
Sam Eswaran answered.
4 months ago
Follow

Overall, FII flows out of the Indian equity markets were to the tune of Rs.23,500 crore but if you adjust for the primary market inflows, then the FPIs pulled out a net sum of Rs.11,308 crore in Jul-21. In the month of July, FPIs were spooked by rising COVID cases, higher oil prices and a strong dollar. All these factors weighed on sentiments and there was also selling across emerging Asian equity markets and India was not spared.

This is in sharp contrast to Rs.17,215 crore or $2.35 billion infused in June 2021 by the FPIs. For the month of August, the FPIs will be watching the trajectory of the first quarter results as well as indications coming from the monetary policy. The RBI MPC meeting will commence on 04 August and culminate in the announcement of the monetary policy on 06 August. FIIs will watching it closely for a picture on rates and liquidity.

2 Views