According to the depositories data, FPIs invested a net ₹56,643 crore into equities and ₹3,451 crore into debt instruments between December 1-24Foreign portfolio investors (FPI) have pumped in a net ₹60,094 crore into Indian markets in December so far amidst optimism in the global markets. According to the depositories data, FPIs invested a net ₹56,643 crore into equities and ₹3,451 crore into debt instruments between December 1-24. The total net investment during the period under review stood at ₹60,094 crore. In November, the total net investment of FPIs stood at ₹62,951 crore. The preference of FPIs has been new businesses like IT, stable outlook companies and sectors like Pharma, Chemical and FMCG, he added.

Source: The Hindu December 27, 2020 05:03 UTC