Analysts said expectations of a trade deal between the US and China, and more relief measures as well as disinvestment drive by the government among other factors helped keep FPIs stuck on the capital markets.
A net sum of Rs 25,230 cr was flowed into equities by FPIs in November, the data showed. However, they pulled out Rs 2,358.2 cr from the debt segment, translating into a total net investment of Rs 22,871.8 cr by FPIs in Nov.
FPIs had invested a net sum of Rs 16,037.6 crore in October and Rs 6,557.8 crore in September. “FPIs have been consistent net buyers in November mainly due to expectations of a trade deal between US-China.