FPI exodus continues; Rs 21,272 crore pulled out in first two weeks of Feb
According to data with the depositories, Foreign Portfolio Investors offloaded shares worth Rs 21,272 crore from Indian equities so far this month (till February 14).
According to data with the depositories, Foreign Portfolio Investors offloaded shares worth Rs 21,272 crore from Indian equities so far this month (till February 14).
As per the data with the depositories, foreign portfolio investors (FPIs) have made a net inflow of Rs 15,352 crore in equities this till July 12.
At 9.35 a.m., Sensex traded at 59,238.99 points, up 464.27 points or 0.79 per cent, whereas Nifty traded at 17,662.00 points, up 139.55 points or 0.80 per cent.
The surge in foreign funds have also led the Indian stock market to touch new highs.
The government was at the receiving end of criticism from several quarters due to the existing surcharge structure put in place in the FY20 budget.
It is believed that Department of Economic Affairs (DEA) Secretary Atanu Chakravarthy will be chairing the meeting.
Foreign portfolio investors sold debt securities worth over Rs 1,900 crore in February amid escalation of cross-border tensions in the wake of Pulwama terror attack.
Last week's provisional data from exchanges showed that foreign institutional investors (FIIs) became net sellers, as they off-loaded a total of Rs 2,067.19 crore worth of shares.
Overseas investors have put in a whopping Rs 8,700 crore in the Indian capital markets this month so far on…
Markets regulator Sebi on Thursday decided to relax entry norms for foreign portfolio investors (FPIs) willing to invest in the…
