STOCK MARKET BSE NSE

Foreign Fund Inflows Top Rs 83k cr in 4 mths

Published: 20th April 2015 06:04 AM  |   Last Updated: 20th April 2015 06:04 AM   |  A+A-

NEW DELHI:  Total foreign fund inflows crossed Rs 83,000 crore during the first four months of 2015, with overseas investors pumping in over Rs 4,000 crore so far in April.

As per the data compiled by Central Depository Services Ltd, Foreign Portfolio Investors (FPIs) bought shares worth Rs 2,984 crore till April 17, while they infused Rs 1,043 crore in the debt markets, taking their net investment to Rs 4,027 crore ($645 million).

With this, their total net investment in the country’s capital markets (equity and debt segments) so far in 2015 stood at Rs 83,002 crore (about $13.4 billion).

The net inflows by overseas investors in debt markets stood at Rs 1.59 lakh crore last year, while the same for equities was Rs 97,054 crore.

Overall, the net investment by foreign investors stood at Rs 2.56 lakh crore last year.

Market participants attributed the robust inflows to positive investor sentiment driven by several reform measures announced by the government.

They also expect the inflows to accelerate further in view of clearance of reform bills for insurance, coal and mining, as also on assurances on controversial issues like General Anti-Avoidance Rules (GAAR).

It may be noted that the Union Finance Minister Arun Jaitley had announced a slew of measures to attract overseas investment in the country in Budget 2015-16.

Besides, the Finance Minister has deferred the controversial GAAR by two years to soothe investors’ nerves, saying its immediate applicability can create ‘panic’ in markets.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp