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Foreign fund inflows cross Rs 83,000 crore this year

Foreign fund inflows cross Rs 83,000 crore this year
With overseas investors pumping in over Rs 4,000 crore in the Indian capital markets so far this month, total foreign fund inflows have reached Rs 83,000 crore since the beginning of the year.

Analysts expect the inflows to accelerate further in view of clearance of reform bills for insurance, coal and mining, as also on assurances on controversial issues like General Anti Avoidance Rules (GAAR). 

Foreign Portfolio Investors (FPIs) have bought shares worth Rs 2,984 crore till April 17 this month, while they infused Rs 1,043 crore in the debt markets, taking their net investment to Rs 4,027 crore ($645 million), as per the data compiled by Central Depository Services Ltd. This has taken their total net investment in the country's capital markets (equity and debt segments) so far in 2015 to Rs 83,002 crore (about $13.4 billion). Market participants attributed the robust inflows to positive investor sentiment driven by several reform measures announcement by the government. 
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