FPIs remain net buyers in July so far, infuse Rs 3,551 crore in markets

FPIs have been net buyers for the past five consecutive months

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Market news: Foreign investors have remained net buyers in the Indian capital markets this month so far, even as the equity segment saw robust outflows post the Budget.

According to the latest depositories data, foreign portfolio investors (FPIs) withdrew a net sum of Rs 4,953.77 crore from equities during July 1-12, but poured in a net Rs 8,504.78 crore into the debt market, translating into a cumulative net investment of Rs 3,551.01 crore.

Overseas investors pulled out money from the equity markets for five of the six sessions following the Budget, which was presented on July 5.

According to experts, the proposal in the Union Budget to...read more

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