FPIs became net sellers last week, pulled out over ₹4,500 crore from equity markets

The data shown by NSDL states that FPI extracted In the equity market between April 11-13 week tracking the volatility in 4,518 crore markets.

From April 1 to 8, FPIs were net buyers with investments 7,707 crore in equity. However, with the above-mentioned outflows between April 11-13, the FPI’s exposure this month so far is 3,189 crores.

Last week, the markets had only a three-day trading session. Business is closed in the markets on April 14 and 15 on account of Ambedkar Jayanti and Good Friday. While the markets are closed on 16 and 17 April due to weekends. Trading will now resume on 18th April (tomorrow).

In last week’s trading session, Vinod Nair, Head of Research, Geojit Financial Services, said, “Although global markets have already forecast higher levels of inflation on account of higher fuel and food prices, the unfavorable numbers affected investor sentiments.” has done.”

Foreign investors booked profits sharply in the Indian markets in the first quarter of 2022. was on outflow into equity 33,303 crore in January, subsequent outflow 35,592 crore and 41,123 crore in February and March this year.

So far in 2022, foreign investors have almost 1,06,829 crore from the Indian equity market.

Meanwhile, as of now in 2022, FPI is on outflow 2,524 crore in the debt market, while it is 6,433 crore in debt-VRR market. Conversely, the hybrid market is witnessing a buying sentiment with this year’s influx 1,677 crore year-on-year.

Overall, year-on-year, FPIs are net sellers with inflows of 1,14,109 crore (including equity, debt, debt-VRR and hybrid) in the Indian market.

The FPI’s stance in the coming weeks will give a broader picture of whether April will be another month of profit-booking this year like the previous months.

Nair said, “With the onset of the earnings season, the market is likely to move up at a sector-specific pace.