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₹15,958 crore in first week of May

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NEW DELHI : Reversing their two-month selling streak, overseas investors pumped in a net ₹15,958 crore in the Indian capital markets in the first week of May.

As per latest depositories data, foreign portfolio investors (FPI) infused a net ₹18,637 crore in equities, but pulled out a net ₹2,679 crore from the debt segment between May 1-8, taking the cumulative inflow to ₹15,958 crore.

The latest inflow comes after two consecutive months of huge withdrawals. In March, FPIs had withdrawn a record amount of over ₹1.1 trillion on a net basis, while ₹15,403 crore was pulled out in April from the domestic capital markets (both equity and debt). "Despite uncertainty looming large over the severity of the possible impact of coronavirus pandemic on

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