NEW DELHI, Jan 26 (PTI): Overseas investors have pumped in a staggering over Rs 210 billion in Indian capital markets since the beginning of the month owing to easing inflation and rate cut by Reserve Bank of India (RBI).
Foreign institutional investors (FIIs) have bought shares worth Rs 59.92 billion (USD 977 million) till January 23, while they bought debt worth 153.36 billion (USD 2.5 billion) taking the total investment to Rs 213.28 billion (USD 3.45 billion), latest data with Central Depository Services Ltd (CDSL) showed.
These investors got re-christened as FPIs or foreign portfolio investors last year under a new regulatory regime that promises to make it easier for them to invest in India.
Market analysts attributed the huge inflow to low inflation levels and rate cut by RBI. The central bank on January 14 surprised market participants with a 25 basis point rate cut.
Besides, foreign investors are betting on Indian capital markets on expectations of more rate cuts by the apex bank.
In 2014, the net investment by overseas investors into the debt markets was Rs 1.16 trillion, while in the equities it stood at Rs 981.50 billion. Overall, net investment by foreign investors stood at Rs 2.58 trillion in 2014.
FII inflows in Indian mkts reach Rs 210b so far in Jan
FE Team | Published: January 27, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
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