FPIs invest Rs.13,269 cr in Indian markets

New Delhi: In reversal of a two-month selling trend, foreign portfolio investors (FPIs) in June turned out to be net buyers by investing a net Rs 13,269 crore in Indian markets.

This could be attributed to improvement in investor sentiments on the back of consistently falling coronavirus cases in the country and hopes of an early opening



of the economy, said Morningstar India Associate Director (Manager Research) Himanshu Srivastava.This, coupled with good quarterly results and a positive earnings growth outlook over the long term, refuelled FPI interest in Indian equities, he added.