According to the latest data from depositories, foreign portfolio investors (FPI) in the month of February sold debt securities worth over Rs 1,900 crores whereas infused Rs 2,039 crore into equities amid the escalation of cross-border tensions in the wake of Pulwama terror attack.
As per the data available, the net FPI outflow in the month of January, from both equity and debt, stood at Rs 5,360 crores. During the period of February 1 to February 22, Rs. 1949 crores were withdrawn by the overseas players. The FPIs higher infusion in equities led to the net inflow of Rs. 98 crores.
As of now, trends in foreign investments have been mixed, where in January FPIs were net sellers and in February (till now) the FPIs are net buyers. FPIs have been changing their stance to wait and watch as in the upcoming months, India will be going under General Elections.
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