FPIs pump $2.8 billion in August up to now amid falling crude costs and receding inflation worries


ET Intelligence group: International portfolio buyers (FPIs) have invested Rs 22,452 crore ($2.8 billion) in August up to now in Indian equities amid softening crude oil costs and receding fears of inflation.

The recent funding has lifted their gross purchase-to-sell ratio — a measure of energy of stream — to a 20-month excessive of 1.3, the info from NSDL present. It is usually larger than the two-year common ratio of 1.

Since July 1 up to now, FPIs have

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ET Intelligence group: International portfolio buyers (FPIs) have invested Rs 22,452 crore ($2.8 billion) in August up to now in Indian equities amid softening crude oil costs and receding fears of inflation. The recent funding has lifted their gross purchase-to-sell ratio — a measure of energy of stream — to a 20-month excessive of 1.3,…