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General elections are going on in India. In the month of April, foreign investors withdrew Rs 8671 crore from the market. This time foreign investors invested money in the market only in two trading sessions of May. According to the information, investors have invested Rs. An investment of Rs 1,156 crore has been made. However, the real test for foreign investors is set to begin in May itself. Because most of the phases of elections are going to be completed this month. For this reason, foreign investors are in a wait-and-see situation. If we talk about debt and bond market, foreign investors have started withdrawing money in May as well as April. Let us also tell you what figures are being seen in the first two days of May.
How much money did you invest in the stock market?
Due to the general elections in India, foreign investors are adopting a wait and see policy. In the first two trading sessions of the current month, foreign portfolio investors (FPIs) invested only Rs. An investment of Rs 1,156 crore has been made. In early April, changes in India's tax treaty with Mauritius and a sustained rise in bond yields in the US led FPIs to invest Rs. 8,700 crore shares were sold. While in March, FPIA shares traded at Rs. 35,098 crore in February and Rs. Net investment of Rs 1,539 crore. According to depository data, in the first two trading sessions of May, FPIs bought shares at Rs. Rs 1,156 crore has been invested and Rs 1,156 crore has been raised from the debt or bond market. Rs 1,727 crore has been withdrawn.
withdraw money from the debt market
According to the data, in the first two trading sessions of May, FPIs withdrew Rs. Rs 1,727 crore has been withdrawn. Earlier in March, foreign investors had poured money into the bond market. Rs 13,602 crore in February. And Rs 22,419 crore in January. An investment of Rs 19,836 crore was made. This investment comes after JPMorgan announced the inclusion of Indian government bonds in the index. Overall, FPIs have invested Rs. An investment of Rs 3,378 crore has been made. His investment in the bond market is Rs 43,182 crore.
What do the experts say?
Himanshu Srivastava, Associate Director-Manager Research, Morningstar Investment Research India, said that general elections are in full swing in India. Foreign investors have adopted a wait and see attitude till the election results are announced. VK Vijayakumar, chief investment strategist at Geojit Financial Services, said the latest US jobs numbers indicate a slowdown in the economy. Wage growth is less than four percent, indicating weakness in the labor market. This is good news from the stock market point of view. This is the reason why a strong surge was seen in the American markets on Friday.
