Foreign Capital Inflows At 8,400 Cr In July

New Delhi: Overseas investors have poured in a net amount of over 8,400 crore in the Indian capital markets so far this month, primarily on account of easing of foreign investment norms and positive global cues.

This follows a massive outflow of foreign investors' funds in the previous two months from Indian equity and debt markets.

Net inflow by foreign portfolio investors in the equities so far in July stands at 7,261 crore while the same in the debt market has risen to 1,154 crore, resulting in an overall net inflow of 8,415 crore, data available with the depositories showed.

Prior to that, FPIs' net outflow was over 1,600 crore from the capital markets (debt and equities) in June while they withdrew a net amount of 14,272 crore in May.

Market experts said the government's approval of a composite foreign direct investment structure, which will result in further capital flowing into the system, has lifted the investors' confidence and helped revive the inflows.

In addition, Greek lawmakers that passed the austerity laws aimed at paving the way for a bailout by the European Union further boosted sentiment.

Besides, a meltdown of the Chinese equity market helped in diverting foreign funds towards India.

With the latest inflow, money invested by FPIs in the capital markets has reached close to 86,842 crore since the beginning of 2015.
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