FPIs pull out net Rs 6,105 cr from Indian capital mkts so far this fiscal

The data showed that FPIs were net sellers in all the months barring June when they had invested Rs 13,269 crore. The net outflow stood at Rs 9,435 crore in April, Rs 2,666 crore in May and Rs 7,273 in July. "What is encouraging during the first four months is the fact that the number of new investor registrations in India is up 2.5 times year on year as per data released by the NSE," said S Ranganathan, head of research at LKP Securities.

from Markets-Economic Times https://ift.tt/3lfi4HK