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 Traffic Update: Police Issue Advisory for Shiv Sena UBT Dussehra Rally On October 2; Check Diversions

MumbaiMumbai: FIR Filed Over Maharashtra Congress’ Social Media Post Allegedly Inciting Violence

MumbaiMumbai: MNS Workers Protest at Andheri Metro Station, Damage Billboard, Demand Only Marathi Ads

MumbaiMumbai: Bomb Threat at Dadar Railway Station; Police Launch Investigation

MaharashtraMaharashtra Rains: Holiday Declared in All Schools in Palghar on September 29 Due to Heavy Rains

International Realted Stories

InternationalPakistan government hikes prices of petrol and diesel, new rates effective immediately

InternationalTrump signs executive order to accelerate pediatric cancer research

InternationalPakistan: Bike-borne robbers in Karachi shot dead youth

InternationalJiya Rai becomes first female with autism to swim across Catalina Channel in US

InternationalIsrael, Serbia discuss 'launch of strategic dialogue' during meeting in Belgrade