FPIs invest Rs 13,010 crore in equities in late August
Foreign portfolio investors (FPIs) pumped Rs 13,010 crore into Indian equities during August 16-31, extending their buying streak to a fifth consecutive fortnight, after investing Rs 16,609 crore in the first half of the month, per NSDL data. Consumer services attracted the highest inflows at Rs 5,019 crore during the fortnight.
Nabka Insight
FPI flows signal foreign investor sentiment, a staple of banking and economy papers.
Powered by AIKey facts
- FPI = Foreign Portfolio Investors
- Rs 13,010 crore invested during August 16-31
- Rs 16,609 crore invested in first half of August
- Consumer services drew highest inflows: Rs 5,019 crore
- Source: NSDL data
Relevant forBanking · SSC · State PSC · UPSC