InvestorQ : Have FPIs been buying or selling in the month of June 2020 so far?
diksha shah made post

Have FPIs been buying or selling in the month of June 2020 so far?

Answer
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Mary Joseph answered.
3 months ago


There has been some respite on the FPI flows front, although that can be largely attributed to bulk deal flows via placements in select stocks. Foreign portfolio investors (FPIs) invested Rs.18,589 crore in the Indian markets in the first week of June 2020. The net buying in equities was Rs.20,814 crore while debt continued to see selling of Rs.2225 crore on bond yield concerns. Between March and May, FPIs were net sellers. Equity selling was heavy in March while debt selling was heavy in March and again in May. The strong return in June is on the back of normal monsoon forecast and a liquidity push to markets. A chunk of the flows were accounted for bulk deals in Kotak Bank and HDFC Life. In fact, the FPI buying in the first week of June has been more than the full month buying in equities in any of the first five months.