Foreign investors have pumped in Rs 16,500 crore in the Indian capital markets so far this month on the back of improved investor sentiment and growth in manufacturing sector.
This comes following a record net inflow of Rs 56,944 crore ($8.7 billion) last month, mainly on expectations that BJP’s victory in the recently held Assembly polls would lead to faster reforms.
In February, foreign portfolio investors (FPIs) had made a net investment of Rs 15,862 crore in equity and debt markets. Prior to that, FPIs had pulled out more than Rs 80,000 crore between October 2016 and January 2017.
