Not surprisingly, U.S. leads the pack with more than 2,700 registered FPIs, followed by Luxembourg (946), Canada (622) and Mauritius (572). Indian markets have generated good returns consistently and that attracts the large number of foreign investors,” he said. The Indian equity market has been quite consistent in generating returns even when viewed over a longer time frame. Foreign investors have historically been the prime drivers of the various bull runs seen in the Indian equity market. Data from National Securities Depository Ltd. (NSDL) shows that FPIs have been net buyers of Indian equity at ₹40,911 crore or more than $6 billion.

Source: The Hindu May 02, 2017 16:07 UTC