FPIs pour Rs 9,500 crore in capital markets in February so far

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Overseas investors have pumped in over Rs 9,500 crore (USD 1.4 billion) into the country’s capital markets this month so far, enthused by clarity on FPI taxation.

The latest inflow followed a net pullout of Rs 80,310 crore from equity and debt together in the past four months (October-January). Prior to that, FPIs had invested over Rs 20,000 crore in the capital market in September 2016.

According to depository data, foreign portfolio investors (FPIs) infused a net sum of Rs 3,002 crore in equities during February 1-17 and another Rs 6,559 crore in the debt segment, translating into a total inflow of Rs 9,561 crore (USD 1.42 billion).