New Delhi: Foreign portfolio investors (FPI) remained net buyers to the tune of Rs 18,456 crore so far in January as global liquidity led to continued investment in emerging markets.
According to depositories data, overseas investors pumped in Rs 24,469 crore into equities but pulled out Rs 6,013 crore from the bonds market between January 1-22. The total net investment during the period under review stood at Rs 18,456 crore. Few of the emerging markets that have started receiving positive FPIs flows this month to date are: Indonesia ($800 million), South Korea ($320 million), Taiwan ($2.3 billion) and Thailand ($113 million).
In terms of performance in this month to date, most of the emerging markets have delivered positive returns barring few like Indonesia, Thailand, Brazil and Russia, he added.