Saturday, September 23 2017

June 11, 2017

International investors infused in 1.8 billion dollars in India’s capital market

New Delhi-Foreign investors infused in 1.8 billion dollars has been invested by foreign investors in India’s capital market in the last seven trading sessions. Funds were invested mostly in the debt markets by foreign portfolio investors, FPIs. The differential spread between 10-year bond yields in the US and India is still around 4.5 to 5 per cent. Attraction was due to finalisation of GST rates for most items, and the forecast of a normal monsoon. FPIs pulled out 289 crore rupees from equities between June 1 and 9. But they poured in 11,734 crore rupees in the debt markets during the period under review, translating into a net inflow of 11,445 crore rupees, or 1.8 billion dollars were mentioned in latest depository data.