FPIs infuse Rs 1,841 cr in H1 of Sept

The latest inflows have been triggered by improving investor sentiment on the back of easing US-China trade war and supporting macroeconomic data, experts said.

According to the latest depositories data, foreign portfolio investors (FPIs) withdrew a net amount of Rs 2,031.02 crore from equities but put in Rs 3,872.19 crore in the debt segment during September 3-13, translating into a total net inflow of Rs 1,841.17 crore into the capital markets.

Prior to this, FPIs pulled out a net Rs 5,920.02 crore in August and Rs 2,985.88 crore in July from the domestic capital markets (both equityand debt).

“The markets have been largely positive on back of cooling US-China trade war. Besides, the July IIP came out at 4.3 per cent which could have helped with the investor’s sentiments,” said Harsh Jain, COO at Groww.

As per Arun Kumar, head of research at FundsIndia.com, apart from the signs of improvement in US-China trade relations, stimulus announcement from European Central Bank has also contributed towards bolstering sentiment.