Following the US Federal Reserve’s move to end its quantitative easing programme and amid weak corporate results, foreign institutional investors (FIIs) significantly reduced fund inflow in Indian equities in October. Net inflow turned negative for the first time in 2014 in October as they pulled out a net of Rs 1,171 crore in the month.
* While FIIs remained net sellers for a large part of the month, Bank of Japan’s announcement to accelerate bond buying programme led to a rise in inflow into Indian equities in the last couple of days in October
* The net inflow into Indian equities for the year stood at Rs 82,264 crore at the end of the month
* Debt inflow in October, however, stood strong at Rs 17,903 crore taking the net inflow for the calendar year to a record of Rs 1,36,243 crore as the money kept flowing due to high interest rates in the country
* Aggregate of debt and equity inflows crossed $36 billion (Rs 2,18,506 crore) in 2014 — an all-time high
SUMMARY: The net inflow into Indian equities for the year stood at Rs 82,264 crore at the end of the month.
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