- Wealth PMS (50L+)
Foreign institutions have pumped in significant amounts of money into the Indian markets in 2014. Till April 7, they have Rs. 62,737 cr. into the bond and equity markets.
Debt Market Investments have been significant this year, overriding the carnage of last year.
That rally we’re seeing has been fuelled by equity purchases, but even though the 62,000 cr, figure looks high, the equity portion is just 28,000 cr. and just about makes the grade. We have seen average 1.1 trillion (lakh cr) in the last two years, and this is about one quarter of the year in, so FIIs haven’t really “overbought” the equity markets.
But will they continue to buy their hearts out this year? Or will FIIs sell in May and go away?