FPI inflow in Indian equities at 14-month high
Foreign portfolio investors have bought $2.73 billion (around ₹18,250 crore) worth of Indian equities in March so far, the highest in 14 months. India received the third largest inflow in Asia, after Taiwan and South Korea, in March. Earlier this year, FPIs had pulled out $3.2 billion from Indian equities until February, amidst concerns over slowdown in the Chinese economy.