FPIs invest over $2 billion in capital markets in May so far
Foreign Portfolio Investors (FPIs) have invested a net Rs 4,157 crore in equities during May 2-19, while they poured Rs 12,941 crore in the debt markets during the period under review, translating into a net inflow of Rs 17,099 crore ($2.66 billion).
"FPI flows into Indian equities are muted as the market has run up in the past four months and valuations are no longer cheap," Sharekhan Head Advisory Hemang Jani said. Representational Image. Image Source: Pixabay