Key Points
Foreign portfolio investors net bought Indian equities worth Rs 4,398 crore last week, according to NSDL data..
Foreign institutional investors turned net buyers of equities in the week ended February 23, and the strong inflows drove benchmark indices to record highs...
In debt, FPIs continue to be buyers having bought debt worth Rs 18589 crores in February so far, said V K Vijayakumar, chief investment strategist at Geojit Financial Services...
However, FPIs have overall been net sellers in February, and sectors such as financial services, fast moving consumer goods, metals and mining, construction, power, and telecom saw maximum outflows...
FIIs net sold shares worth Rs 3,011 crore in the first fortnight of February, compared to the selling of over Rs 2,000 crore in the previous fortnight...
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