Team Blitz India
NEW DELHI: Foreign Portfolio Investors (FPIs) injected over Rs 1,500 crore into Indian equities in February, primarily due to robust corporate earnings and positive economic growth.
Additionally, FPIs continued to be bullish on the debt markets as they put in over Rs 22,419 crore during the month under review, data with the depositories showed.
“Looking ahead to March, the outlook for FPI flow appears promising, provided the current economic trajectory and corporate performance sustain their positive momentum, potentially continuing to attract foreign investment into Indian equities,” Mayank Mehraa, smallcase manager and principal partner at Craving Alpha, said.
According to the data, FPIs invested a net sum of Rs 1,539 crore in the Indian equities in February. This came following a net withdrawal of Rs 25,743 crore in January.
