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FPIs net buyers for 2nd month in July; invest Rs 3,301 crore


New Delhi: Foreign portfolio investors (FPI) remained net buyers for the second consecutive month in July by pumping in Rs 3,301 crore in Indian markets amid hopes of a coronavirus vaccine. According to the depositories data, a net sum of Rs 7,563 crore was invested in equities while Rs 4,262 crore was withdrawn by FPIs between July 1-31. The net investment during the month stood at Rs 3,301 crore. In the previous month, FPIs put in a net Rs 24,053 crore in Indian markets.

Some factors that led to investment in July include a surge ...


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