Foreign investors pumped in over 14,000 crore rupees into the Indian equities market so far in May, largely driven by favourable global cues. According to the depository’s data, Foreign Portfolio Investors, or FPIs, made an investment of 14,167 crore rupees in equities till May 9. However, FPIs took out 3,725 crore rupees from
debt.
This positive momentum in Indian equities follows a net investment of 4,223 crore rupees in April, marking the first inflow in three months. Prior to this, FPIs had pulled out 3,973 crore rupees in March, 34,574 crore rupees in February, and 78,027 crore rupees in January.