New Delhi: Foreign investors remained net buyers in December by investing Rs 2,613 crore in the domestic markets, mainly due to expectation of a revival in corporate earning, quantitative easing by the US Fed and infusion of funds by central banks globally.
According to the depositories data, a net amount of Rs 6,301.96 crore was invested by foreign portfolio investors (FPI) into equities, while Rs 3,688.94 was pulled out of the debt segment.
This resulted into a total net investment of Rs 2,613.02 crore between Dec 2-27.
"Despite challenges on the economic front and policy roadblocks, FPIs continue to have faith in the Indian equity markets ...what has kept them hooked to the Indian equity markets is expectation of a revival in corporate earning in the coming quarter, quantitative easing by US Fed and infusion of funds by central banks globally," said Himanshu Srivastava, senior research analyst, manager research at Morningstar.
Barring Jan, July and August, FPIs have been net buyers for rest of the months in 2019. This year, they have invested a net sum of Rs 73,276.63 crore in the Indian markets.
