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FPIs net buyers for 2nd consecutive month in February; invest Rs 23,663 crore

Foreign portfolio investors (FPI) invested a net Rs 25,787 crore into equities but pulled out Rs 2,124 crore from the bonds market during February 1-26, the depositories data showed.

February 28, 2021 / 12:43 PM IST
Representative image

Representative image

Remaining net buyers for second consecutive month in this calendar year, overseas investors pumped in Rs 23,663 crore in Indian markets in February on account of positive sentiment due to the Union Budget 2021-22 and strong third quarter earnings.

Foreign portfolio investors (FPI) invested a net Rs 25,787 crore into equities but pulled out Rs 2,124 crore from the bonds market during February 1-26, the depositories data showed.

This took the total net investment to Rs 23,663 crore during the period under review.

Last month, the total net investment stood at Rs 14,649 crore.