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HomeUncategorizedForeign Investors pull out Rs. 5,000 crore from debt securities this month

Foreign Investors pull out Rs. 5,000 crore from debt securities this month

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After pouring in over Rs. 80,000 crore in Indian debt securities in first seven months of 2014, overseas investors have pulled out nearly Rs. 5,000 crore ($811 million) so far this month.

In comparison, equity markets have seen a modest net inflow of about Rs. 100 crore so far in August.

According to the latest data compiled by depositories, foreign investors made gross purchase of equities and debt securities worth over Rs. 33,351.67 crore during August, as against sale of about Rs. 38,215 crore across the two segments – resulting into a net outflow of Rs. 4,863.35 crore ($801.46 million).

The significant outflows this month have also brought down net investments by foreign institutional investors (FIIs) and foreign portfolio investors (FPIs) to $25.6 billion as on August 8, against more than $26 billion registered at the end of July.

FIIs and FPIs have purchased shares worth about Rs. 27,875 crore so far this month, while they sold equity worth Rs. 27,777 crore in the same period.

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