Most of the investments coming in through the FPIs were in the debt market, according to market reports. Market experts noted that the debt market attracted investors because of the differential spread between 10-year bond yields in the US and India is still 4.5 to 5%, while stability in the Indian currency also made debt markets more attractive.
As per the latest data, FPIs invested Rs 4,022 crore in equities in the June 1-16 period, whereas about Rs 18,821 crore was invested in the debt markets during the same period, aggregating to a total net inflow of Rs. 22,844 crore or USD 3.55 billion.
The markets recorded a net inflow of over Rs 1.33 lakh crore in the previous four months (February-May), while over Rs 3496 crore was invested on an aggregate in the month of January 2017.
Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.
- Save upto Rs.2.67 lakh with Pradhan Mantri Awas Yojana ...Know more
- Now Save Rs.3150 on your Demat Account ...Click here
- Now get IIFL Personal Loan in just 8* hours...APPLY NOW!
- Get the most detailed result analysis on the web - Real Fast!
- Actionable & Award-Winning Research on 500 Listed Indian Companies.