For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

FPIs Net Investment In Cash Market At Rs 12,195 Crores In June

|

Foreign Portfolio Investors (FPIs) have continued to invest in the Indian equity markets despite the mounting worries over Covid-19 cases.

Their net investment thus far in the cash market to date is Rs 12,195 crores. FPIs have made gross purchases to the tune of Rs 66,645 crores, whereas their gross sales have been Rs 54,449 crores, resulting in net purchases in the cash market to the tune of Rs 12,195 crores so far.

FPIs Net Investment In Cash Market At Rs 12,195 Crores In June
 

Domestic institutions have pressed net sales to the tune of Rs 2000 crores since June 1. Their net purchases in the domestic market have been Rs 41,456 crores, while the net sales have been Rs 43,466 crores, resulting in net sales of almost Rs 2,000 crores.

Inflows to depend on global cues

The FPI inflows would now largely depend on global cues. For the last couple of days, we are seeing net selling by Foreign Portfolio Investors as global markets have been extremely weak. There have been fresh cases reported in the US of Covid-19, while China has shut certain districts as Covid-19 infections re-surface in the country.

This has led to some selling by FPIs in the cash market in the last few days. Much of the inflows would now depend on how things pan out globally.

Read more about: fpis investment
Story first published: Monday, June 15, 2020, 9:52 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more