Tuesday, April 20, 2021
News

FPIs invest Rs 25,787 Cr in Indian equities in Feb

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Sunday, 2021 6:15:05 PM IST
As the Indian equities continued to scale new highs post the Union Budget for FY22, the net foreign portfolio investments (FPI) into the Indian equities in February was Rs 25,787 crore.

The total net FPIs in 2020 now stand at Rs 45,260 crore, as per NSDL data.

Foreign investments have continued to flow in post the Union Budget which announced further liberalisation measures including privatisation of banks and also did not come up with a new tax levy.

So far, in the financial year 2021-22, net FPIs into equities stood at Rs 2.63 lakh crore, the highest ever FPI inflow into the country.

Further, the net foreign institutional investment (FII) during the month was Rs 42,044.46 crore.

The rising foreign investments have also led to the strengthening of the Indian rupee.

However, the recent bond yield surge both in the US and the domestic market have caused a frenzy in among the investors leading to bear run in the stock markets.

--IANS rrb/sdr/

( 177 Words)

2021-02-28-12:02:02 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
WeWork India launches WeWork Business So...
The period stigma has to end, every woma...
Mishal Raheja turns singer with his new ...
OP Jindal Global University partners wit...
Fittr announces winner of Transformation...
Ramagya Group launching B2B E-commerce p...
More...
 
INDIA WORLD ASIA
India known as 'pharmacy of world' becau...
Karnataka Governor to hold all-party mee...
BJP parliamentary board to decide next C...
Covid-19: First 'Oxygen Express' rakes l...
COVID-19: As Delhi goes under lockdown, ...
K'taka contemplates to postpone Zilla Pa...
More...    
 
 Top Stories
UK records lowest daily coronavirus... 
Moeen is on fire, he's enjoying bat... 
Will stay Liverpool manager as long... 
Ramagya Group launching B2B E-comme... 
Kamala Harris condoles demise of fo... 
Family's financial future top conce... 
Masjid in Vadodara turned into 50-b... 
Delhi lockdown: Rajya Sabha employe...