- Foreign Portfolio Investors (FPI) have invested a total of Rs 10,000 crores so far in the month of March 2018 in the Indian equity market.
- Last month, FPI pulled out a total of Rs 11,000 crores from the Indian equity markets.
- This positive sentiment towards the Indian equity market is most likely due to the likely strong rebound in corporate earnings in the next two quarters and also the crude oil prices.
- At the same time, FPI pulled out Rs 10,000 crores from the Indian debt market. This is possibly due to increasing interest rates in their home countries and also the Indian rupee depreciation outlook due to crude price and fiscal deficit.