Analysis of FII activities in the Indian stock markets shows that overseas investors are, so far in August, a net purchaser of domestic stocks worth Rs 264.6 crore.
FIIs made a gross purchase of shares worth Rs 22,821.2 crore, while they sold equities valued at Rs 22,556.6 crore, resulting in a net investment of just Rs 264.6 crore, according to the data available with market regulator Securities and Exchange Board of India (Sebi).
However, it seems that during the period under review, the Indian debt market became a preferred choice for overseas investors as the segment attracted a net investment of nearly Rs 2,200 crore.
FIIs, so far this month, have made a gross purchase of Rs 4,939.90 crore in the debt market, while they pulled out a gross Rs 2,742 crore from the segment, which resulted in a net investment of Rs 2,197.90 crore, according to Sebi data.
In recent sessions, Indian stock markets witnessed volatile trading and during the same period, the Bombay Stock Exchange’s benchmark index fell 1.65 per cent.
According to Sebi data, so far this year, FIIs’ inflow in stock markets has crossed Rs 35,000 crore. However, this year in the debt market, they have still not turned a net buyer. Till now, they are net sellers of debt instruments worth Rs 1,145 crore.
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