FPI invested 5300 Crores in Stock market till 15th of the February

USNMix Report: Foreign investment in fruition in February, 
it has been put in the 5300 million market so far.

Earlier, in January, the FPI had withdrawn Rs 5,264 crore from the Indian stock exchanges.

Foreign Portfolio Investors (FPI) has invested Rs 5,300 crore in the domestic stock market in the first fortnight of February. The key reason for this is to remain positive about the 2019-20 interim budget. Earlier, in January, the FPI had withdrawn Rs 5,264 crore from the Indian stock exchanges.

Depository data, between February 1-15, FPI invested a total of Rs 5,322 crore in the Indian stock market. However, during the same period, the FPI cleared Rs 248 crore from the bond market. Thus, FPI has invested Rs 5,074 crore purely in debt and equity markets.

Experts believe that India is one of the emerging economies of the world due to which FPI remained purely buyers in February. Harsha Jain, Chief Operating Officer of Grow said that heavy investment in the stock exchanges could be a result of the positive attitude towards the interim budget. Although India is one of the emerging economies of the world, investors will be careful about the elections till the elections.