News > FPIs invest Rs 33,600 crore in equities in July amid policy reforms, good earnings season

FPIs invest Rs 33,600 crore in equities in July amid policy reforms, good earnings season

FPIs pulled out over Rs 7,200 crore from equities in the last three trading sessions after the government hiked taxes on Futures and Options trades and capital gains from equity investments in the Budget. "Indian equity market and bond market are favourably placed for the year. This should attract foreign flows into the country. There could be some volatility in the flows on a month-on-month basis due to short-term news flows," said CIO of Bajaj Finserv AMC.