City
Epaper

FPIs return to equities, invests Rs 975 cr in 1st week of Aug

By IANS | Updated: August 8, 2021 12:35 IST

Mumbai, Aug 8 Foreign portfolio investors (FPI) have made a comeback to India's equities segment and made a ...

Open in App

Mumbai, Aug 8 Foreign portfolio investors (FPI) have made a comeback to India's equities segment and made a net investment of Rs 975 crore in the first week of August.

The FPIs have made a comeback after a net outflow of Rs 11,308 crore in July.

The week-ended Friday witnessed surge in the Indian equity market with both the BSE Sensex and the Nifty50 on the National Stock Exchange touching new highs.

On August 5, the Sensex touched a record high of Rs 54,717.24 crore.

The market surged in line with the global cues and on the back of robust Q1 earnings.

With the return of investments in August, net FPI investments into equities segment in 2020 have again breached the Rs 50,000 mark.

The net FPI investment into the equities segment in 2020 stood at Rs 50,011 crore, as per NSDL data.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiamumbaiNational Stock ExchangeFPIIndiUk-indiaRepublic of indiaIndia indiaGia india
Open in App

Related Stories

MumbaiMumbai: Customer Bites Vendor’s Fingers During Bill Dispute Over Samosa in Malad

MumbaiMumbai Local Train Update: Special Night Block on Western and Central Lines for Prabhadevi Bridge Demolition

MumbaiMalad: Man Allegedly Bites Samosa Vendor’s Fingers Over Food Bill; Accused Arrested

Mumbai2002 Mumbai BMC Election Fraud: Case Against Former Corporator Ramesh Kamble in Chembur Over Fake Caste Certificate

MumbaiMumbai: Taxi Drivers Refuse Ride for 45 Minutes During Medical Emergency, Internet Reacts

International Realted Stories

InternationalMissing crew member of downed F-15 aircraft recovered alive; no official confirmation

InternationalLibya records 63 mine victims in 2025, including 21 children: UNSMIL

International"Battle-tested generals refuse to be yes-men for TV host": Iran's Parliament Speaker slams Trump administration

InternationalEgypt raises electricity prices amid global energy crisis

InternationalUN agencies say attacks on health care in Sudan have killed more than 2,000 since 2023