Foreign fund inflows cross Rs81k cr mark

Published on: 

With overseas investors pumping in over Rs2,000 crore in the Indian capital markets so far this month, total foreign fund inflows have crossed the Rs81,000 crore mark since the beginning of the year. Analysts expect the inflows to accelerate further going ahead, helped by clearance of reform bills for insurance, coal and mining, as also on assurances on controversial issues like General Anti Avoidance Rules (GAAR). Foreign Portfolio Investors (FPIs) have bought shares worth Rs2,392 crore till April 10 this month, while they pulled out Rs337 crore from the debt markets, taking their net investment to Rs2,054 crore (USD 329 million).    

Daily Pioneer
dailypioneer.com