Foreign investors have invested Rs 10,312 crore purely in the Indian capital market so far in June. Most of this has been invested in the bond market. Experts said that the stagnation in western Asia and the Collapse of trade between India and America has led to slowdown in investment in the stock markets.
According to the latest data of the depository, foreign portfolio investors (FPI) invested Rs 552.07 crore purely in the stock market during June 3-21, while in the bond market 9,760.59 crores rupees. In this way, their net investment in the Indian capital market is 10,312.66 crores.
Earlier, foreign investors have remained net buyers for four consecutive months. In the stock and bond market, global investors had netted Rs 9,031.15 crore in May, Rs 16,093 crore in April. In March, Rs 45,981 crore was invested in March and Rs 11,182 crore in February.
“The rise in the price of crude oil and a stalemate between the US-Iran, due to the increase in tensions in West Asia, weakening in the capital market this week is weakening,” Mimanastar senior analyst manager (research) Himanshu Shrivastav said. Investors are also vigilant about trade warfare.
He said that foreign portfolio investors’ attention is also on the general budget to be presented on July 5. In this, the government will outline the steps taken for fiscal consolidation, fiscal deficit targets and economic growth.