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Home » IANS » FPI invests ₹25,787 crore in Indian equities in February

FPI invests ₹25,787 crore in Indian equities in February

By IANS
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As the Indian equities continued to scale new highs post the Union Budget for FY22, the net foreign portfolio investments (FPI) into the Indian equities in February was ₹25,787 crore.

The total net FPIs in 2020 now stand at ₹45,260 crore, as per NSDL data.

Foreign investments have continued to flow in post the Union Budget which announced further liberalisation measures including privatisation of banks and also did not come up with a new tax levy.

So far, in the financial year 2021-22, net FPIs into equities stood at ₹2.63 lakh crore, the highest ever FPI inflow into the country.

Further, the net foreign institutional investment (FII) during the month was ₹42,044.46 crore.
The rising foreign investments have also led to the strengthening of the Indian rupee.

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
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