FIIs pour in Rs 13,000 cr in Indian bond market in Aug

Tags: Stock Market
Overseas investors have pumped in about Rs 13,000 crore in the Indian debt market so far this month, endorsing the country's growth potential and political stability.

This takes the total investment in the debt market to around Rs 99,000 crore so far this year.

Foreign investors were gross buyers of debt securities worth Rs 31,639 crore till August 22, and sellers to the tune of Rs 18,649 crore - a net inflow of Rs 12,990 crore ($2.14 billion), as per latest data.

The country's debt market has seen a recent surge in foreign buying especially last week after pulling out money in the first fortnight of August.

Moreover, foreign investors had poured in Rs 16,072 crore ($2.65 billion) in a single day (August 20) in the debt market.

According to market analysts, foreign investors believe that the new government would bring several reform measures to pep up the sluggish economy.

Foreign investors have pumped in a staggering Rs 98,802 crore ($12.76 billion) into the Indian bond market so far this year, higher than investments of Rs 76,705 crore ($16.4 billion) into equities during the period.

The different overseas investors operating in Indian markets include FIIs (Foreign Institutional Investors), FPIs (Foreign Portfolio Investors) and QFIs (Qualified Foreign Investors).

From the beginning of June, FIIs along with sub-accounts and qualified foreign investors have been clubbed together by market regulator Sebi to create a new investor category called FPIs.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Neither secular nor socialist, India at 66 is back where it began

    The republic has entered its 66th year but the nation is more than just another year older.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Kumar Jain

Building great cities (and nations)

Fifteen to twenty years’ span is the time when humans ...

Kuruvilla Pandikattu SJ

Defining success differently

Researchers spent four decades studying a group of mathematically talented ...

Shona Adhikari

All roads lead to Delhi, as it gears up for art fair

With the seventh edition of India Art Fair (IAF) coming ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture