Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
RSS

News

FPIs pump Rs 3,700 cr in debt mkts in just 5 trading sessions

Author: PTI/Monday, April 9, 2018/Categories: Economy

FPIs pump Rs 3,700 cr in debt mkts in just 5 trading sessions

New Delhi - Foreign investors have put in over Rs 3,700 crore in the Indian debt markets in the last five trading sessions as interest rates are not increasing in the US.

This comes following a net outflow of Rs 12,750 crore in the last two months (February-March) probably due to the surge in interest rates increasing in home markets as well as INR depreciation outlook due to crude price and fiscal deficit.

Prior to that, foreign portfolio investors (FPIs) had pumped in over Rs 8,500 crore in January.

According to depository data, FPIs invested a net sum of Rs 3,706 crore (USD 570 million) in the debt markets during April 2-6.

Besides, they infused Rs 94 crore in the stock markets during the period under review.

Explaining the reason for inflow in debt markets, Harsh Jain, COO at Groww.in, said interest rates are not increasing in a hurry in the US.

"March was a good time to sell for smart investors as yields were high in India which have reversed significantly in last few days and hence are attracting investments," he added.

Going ahead, both equity and debt inflows will see volatility in the ongoing financial year, in terms of investment by FPIs a result of global trade tensions, Fed rate hikes in US as well as elections in India,  Vidya Bala, head of MF Research at FundsIndia.com said.

Print Rate this article:
No rating

Number of views (40)/Comments (0)

rajyashree guha

PTI

Other posts by PTI
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.