The latest inflows have been triggered by improving investor sentiment on the back of easing US China trade war.
As per data foreign portfolio investors have sold shares worth Rs. 28,260.50 crore since the formation of government.
While India might get occasional inflows, India Ratings noted that global capital inflows are unlikely to pick up sustainably.
RBI’s task force also recommended easing rules around the securitisation of loan assets.
The limit for FPI investment in debt was revised from Rs 6.49 lakh cr to over Rs 6.98 lakh cr for the April 2019-Sept 2019.
FPIs withdrew amount of Rs 17,592.28 crore from equities and pumped in a net sum of Rs 11,672.26 crore in debt segment.
FM on Friday announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by FPIs.
FM Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign portfolio investors levied in the Budget.
According to depositories data, foreign portfolio investors withdrew a net amount of Rs 12,105.33 crore from equities.
Surcharge on long and short term capital gains from transfer of equity shares has been withdrawn, said FM Nirmala Sitharaman.