Upbeat FPIs invest Rs 28,203 crore in August

New Delhi: Foreign portfolio investors (FPI) remained net investors in Indian markets in the first half of August, pumping in Rs 28,203 crore in debt and equities on net basis in the period, according to the depositories data.

Also, FPIs turned net investors in the debt segment in August after a gap of five months.

Market experts attributed the inflows to better-than-expected corporate earnings and increasing global liquidity.

Depositories data showed that a net sum of Rs 26,147 cr was invested in equities and Rs 2,056 cr in the debt segment by FPIs between Aug 3-14. This translated into a total net investment of Rs 28,203 crore.

In the debt segment, overseas investors turned net investors after a gap of five months. Before this, FPIs had invested Rs 4,734 crore in February. FPIs have been net buyers for two consecutive months prior to this. They invested Rs 3,301 crore in July and Rs 24,053 crore in June on net basis.