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Mumbai2 minutes ago
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Foreign investors (FPIs) have invested heavily in the Indian markets during the current financial year (2020-21). This figure has crossed $ 33.8 billion (about Rs 2.45 lakh crore) by 15 February. According to CARE Ratings, the total investment of foreign investors in India has been $ 592.5 billion (42.96 lakh crore rupees).
FPI invests most in financial services sector
According to the report, the share market accounts for a large share of the total investment. Investors have so far invested $ 537.4 billion in the domestic stock market and $ 51.38 billion in the debt market. Sector-wise, the maximum investment was in the financial services sector, which has an investment of $ 191.3 billion. Apart from this, the insurance sector, including software, oil and gas, is also among the top 10 most invested sectors.
Investment figures soar to highest level since FY15
As a result, these 10 sectors account for 78% of the total investment of Foreign Portfolio Investors (FPIs) in the country. The special thing is that in the current financial year, investors made the highest investment of around $ 8.4 billion in December, which has brought the figure to about $ 34 billion. This is the largest ever since the $ 45.7 billion investment in 2014-15.
Investment was affected by Corona epidemic
The FPI investment was weak during 2018-19 and 2019-20, according to CARE rating data. Weak foreign investment was the corona epidemic in FY20, as the stock market slipped nearly 35% due to the lockdown announcement in March.
America tops among investors
America has the highest share of 34% of the total investment. In addition, Mauritius has 11%, Singapore 8.8%, Luxembourg 8.6%, UK 5.3%, Ireland 4%, Canada 3.4%, Japan 2.8%, Netherlands 2.4% and Norway 2.4%. These 10 countries account for 83% of the investment by FPIs in India. US investors hold the highest share of 37% in terms of equity.