LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Business News » India News

FPIs get back to buying mode, pump in Rs 2,300 cr in 3 days

According to depository data, foreign portfolio investors (FPIs) infused a net sum of Rs 1,246 crore in equities during February 1-3 and another Rs 1,098 crore in the debt segment, translating into a total inflow of Rs 2,344 crore.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
FPIs get back to buying mode, pump in Rs 2,300 cr in 3 days
The latest inflow followed a net pullout of Rs 80,310 crore from equity and debt together in the past four months (October-January). Photo: Pixabay
Written By: PTI
Updated: Sun, Feb 05, 2017
11:59 am
New Delhi, PTI
RELATED NEWS
FPIs invest record Rs 62,016 cr in equities in December; turn net buyers for 3rd straight month FPIs invest record Rs 62,016 cr in equities in December; turn net buyers for 3rd straight month
FPIs remain net buyers in June, invest Rs 11,132 cr FPIs remain net buyers in June, invest Rs 11,132 cr
Investments through P-notes jump to Rs 78,110 cr till March-end Investments through P-notes jump to Rs 78,110 cr till March-end
FPIs pull out this huge amount from Indian markets in 3 weeks; here is why FPIs pull out this huge amount from Indian markets in 3 weeks; here is why

After four months of selling frenzy, overseas investors turned net buyers in February and pumped in over Rs 2,300 crore in the capital market over the last three sessions, enthused by clarity on FPI taxation.

The latest inflow followed a net pullout of Rs 80,310 crore from equity and debt together in the past four months (October-January). Prior to that, FPIs had invested over Rs 20,000 crore in the capital market.

According to depository data, foreign portfolio investors (FPIs) infused a net sum of Rs 1,246 crore in equities during February 1-3 and another Rs 1,098 crore in the debt segment, translating into a total inflow of Rs 2,344 crore.

Finance Minister Arun Jaitley, in his Budget speech, proposed that category I and II FPIs should be exempted from taxation on indirect transfers, which cheered up investors.

"No change in long-term capital gains tax on equities has lightened investors' fears on transaction cost," said Vinod Nair, Head of Research, Geojit BNP Paribas Financial Services.

Meanwhile, Nikkei Markit India Manufacturing PMI in January rebounded from the demonetisation downturn by increasing to 50.4, from 49.6 in December, amid rising orderbooks, production as well as buying levels and expansion in the sector.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Foreign Portfolio InvestorsFPI buyingMarketArun JaitelyIndian Union Budget 2017-18FPI taxationEconomyDemonetisation
RELATED NEWS
FPIs invest record Rs 62,016 cr in equities in December; turn net buyers for 3rd straight month FPIs invest record Rs 62,016 cr in equities in December; turn net buyers for 3rd straight month
FPIs remain net buyers in June, invest Rs 11,132 cr FPIs remain net buyers in June, invest Rs 11,132 cr
Investments through P-notes jump to Rs 78,110 cr till March-end Investments through P-notes jump to Rs 78,110 cr till March-end
FPIs pull out this huge amount from Indian markets in 3 weeks; here is why FPIs pull out this huge amount from Indian markets in 3 weeks; here is why
MFs pump Rs 11,000-cr in equities last fortnight; FPIs bearish stance continues MFs pump Rs 11,000-cr in equities last fortnight; FPIs bearish stance continues

LATEST NEWS

PM Narendra Modi launches world's biggest vaccination drive against COVID-19, Says don't pay heed to rumours—vaccines safe

NPS account withdrawal: Big Announcement! PFRDA gives this facility to National Pension System (NPS) subscribers

Market Guru in talk with RJ Salil Acharya of Radio City: People Can buy IT shares when there is a correction

SBI, HDFC Bank, ICICI Bank, Axis Bank to Yes Bank, Maruti Suzuki car finance facility launched; bring home your dream car easily now

World biggest Covid 19 vaccination drive: All you need to know about this mega drive

ICICI Bank credit card, debit card holders delight! Get discount up to 50% on essential and luxury items | check details

PUBG Mobile India launch date: Rumours rage with this announcement; will the Battle Royale Game make comeback? Check latest report

Google Play Store removes 453 digital personal loan apps in India since Dec 28 in crackdown against unfair online lending | #OperationHaftaVasooli

Krunal, Hardik Pandya's father passes away, Baroda skipper leaves Syed Mushtaq bubble

Xiaomi shares fall 10% after US blacklists smartphone maker | Check company's reaction here

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved