July 31, 2021

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FPI investment in india: The stock market is not coming down just like this, a big reason has come to the fore!

 

Highlights:

  • FPIs pulled out Rs 2,249 crore from Indian stock markets in the first seven trading sessions in July.
  • During July 1 to 10, FPIs invested Rs 2,088 crore in the debt or bond market.
  • In June, FPIs had a net investment of Rs 13,269 crore in the Indian markets.

New Delhi
FPI investment in india: After a month of continuous investment, foreign portfolio investors (FPIs) pulled out Rs 2,249 crore from the Indian stock markets in the first seven trading sessions in July. Himanshu Srivastava, associate director (manager research), Morningstar India, said the main reason for this is profit-cutting by FPIs as the market is currently at an all-time high.

VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said one needs to understand the fact that they are not selling too much. “This is because valuations are, of course, pulled up, but there is no sign of a major downside in the markets. The yield on 10-year bonds has come down to 1.3 per cent, which has once again turned the market towards stocks.

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According to depository data, FPIs invested Rs 2,088 crore in the debt or bond market during July 1-10. Thus his net withdrawal stood at Rs 161 crore. Earlier in June, FPIs had invested a net Rs 13,269 crore in the Indian markets. At the same time, in April and May, he made a net withdrawal from the Indian markets.

 

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